1、Tech OutlookLETS GOTaking the long view.Technologys rocket ascent returns to earthUnited States|2022In this report,we explore the Technology sector in four ways,CLICK below to navigate the report:1State of the Technology sector and its start-up environment4What does the future tech o?ice look like?2
2、Where is the tech talent and where are tech verticals clustering by metro?3How do metros rank by their technology ecosystem?We have developed a data-driven approach that allows employers and investors to explore the tech ecosystem across markets.Explore the full report to learn more about techs rapi
3、dly changing commercial real estate demands.The technology sector saw astronomical growth from 2020 to mid-2022.In the last quarter of 2022,however,tech headlines expressed layo?s rather than rapid growth.Looking at long view gives perspective on the strengths of the tech sector,where growth is occu
4、rring and how tech companies can adjust given workplace trends.While the NASDAQ has dropped,it remains above the pre-pandemic peak,with average annual growth of 13%Price at closeJan 2023Jan 2021Jan 2019Jan 2017Jan 2015Jan 2013Jan 2011010,000800060004000200018,00016,00014,00012,000NASDAQ closing valu
5、eAverage annualAverage annualgrowth:13%growth:13%Average annualgrowth:13%Source:Source:NASDAQ,2022,JLL ResearchThe technology sector showed signs of slowing in 2022As we moved away from screens and delivery boxes,consumers returned in person.The share of e-commerce sales as a share of total retail s
6、ales declined for the first time ever in Q2 2022.The NASDAQ declined by 31.8%from the end of Q4 2021 to the end of Q3 2022.However,these facts alone lose context.Yes,the NASDAQ declined to 10,697 as of September 30,but it is still above its pre-pandemic peak(9,817 in February 2020).Yes,big technolog