GETTING AMERICA BACK TO WORK

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Americans have been living through a period of intense uncertainty since March 2020 — struggling with an unprecedented pandemic and the economic distress it has caused.

To provide some clarity on the issues facing American businesses, Kastle Systems has been studying keycard, fob and KastlePresence app access data from the 2,600 buildings and 41,000 businesses we secure across 47 states. We're analyzing the anonymized data to identify trends in how Americans are returning to the office.

Back to work barometer chart by Kastle Systems

You can now track the Return to Work Barometer on the Bloomberg Terminal, available under (ALLXKASL<GO>)

Kastle Access Control Data Shows Steady Growth in Occupancy Across the Nation

Americans have been living through a period of intense uncertainty since March 2020 — struggling with an unprecedented pandemic and the economic distress it has caused.

To provide some clarity on the issues facing American businesses, Kastle Systems has been studying keycard, fob and KastlePresence app access data from the 2,600 buildings and 41,000 businesses we secure across 47 states. We're analyzing the anonymized data to identify trends in how Americans are returning to the office.

Nearly every city measured on the Back to Work Barometer last week experienced a rise in building occupancy, bringing the national average up to 27.8% — a 0.7 percentage point growth from the week before. San Jose was the only city to see occupancy drop last week, falling from 18.3% to 18.2%.

Austin saw the largest increase in occupancy last week, rising 2.5 percentage points to 43.3%, taking the top spot on the Barometer. Houston and Dallas follow closely behind, with occupancy rates of 42.9% and 42.3%, respectively.

We're confident occupancy rates will continue to rise in the months to come, and we're ready to help the transition happen. For American workers to return safely back into office buildings, there must be a comprehensive system in place that integrates technology and new safety protocols both for the building and for tenant spaces. We're keeping a close eye on this data as part of our KastleSafeSpaces framework, which we designed to help office buildings safely reopen.