{
  "dataset": "Serviceable commercial building stock and competitive density by place",
  "version": "1.0.2",
  "coefficient_version": "1.0.5",
  "generated_by": "skills/revenue-estimator-rnd/build-geo-stock.mjs --revalue",
  "unit": "Modeled annual mechanical service revenue across all counted commercial buildings at 100% building capture. Each building is valued at the median annual revenue one contractor records for its type.",
  "license": "CC BY 4.0, attribute to Level (levelcfo.com).",
  "attribution": [
    "Building counts: FEMA/ORNL USA Structures (CC BY 4.0), counted per building inside the place polygon.",
    "Per-building revenue: Level analysis of mechanical contractor billing.",
    "Competitor counts and employment: US Census County Business Patterns, NAICS 238220. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.",
    "Population, education and income: US Census American Community Survey 5-year.",
    "Construction growth: US Bureau of Economic Analysis SAGDP2 current-dollar state GDP, construction (NAICS 23), 2018 to 2025. Metro rows inherit the first listed state and do not measure metro output."
  ],
  "known_limits": [
    "The dollar figure is a 100% building-capture saturation scenario, not an attainable book for one contractor, total market spend, or market size.",
    "Construction growth is nominal current-dollar state GDP. Metro rows inherit the first listed state, including 17 multi-state metros, so it is context rather than an independent metro observation.",
    "Counts are a FLOOR: national structure coverage is uneven by metro.",
    "Geography does NOT change what a building is worth. Measured: state contributes omega-squared 0.001 and county 0.006 once the servicing contractor is controlled for, so the dollar figure varies here only because the COUNT varies.",
    "Buildings per establishment is an average over a right-skewed population. In a typical metro most establishments have fewer than five employees, so the size distribution is published beside it.",
    "Establishment counts are physical locations from CBP, not firms. A missing CBP row means insufficient data, never zero.",
    "When a current CBSA code has no 2018 row, the trend uses the current boundary in both years by summing its component counties. The current-year county sum must exactly match the published CBSA total or the fallback is withheld."
  ],
  "places": [
    {
      "level": "state",
      "abbr": "AL",
      "fips": "01",
      "name": "Alabama",
      "serviceable_buildings": 57713,
      "segments": [
        {
          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 16149,
          "per_building": 26356,
          "annual": 425623044
        },
        {
          "segment": "office",
          "label": "Office",
          "buildings": 15696,
          "per_building": 21088,
          "annual": 330997248
        },
        {
          "segment": "education",
          "label": "Education",
          "buildings": 7915,
          "per_building": 29120,
          "annual": 230484800
        },
        {
          "segment": "worship",
          "label": "Worship",
          "buildings": 7542,
          "per_building": 25370,
          "annual": 191340540
        },
        {
          "segment": "government",
          "label": "Government",
          "buildings": 2646,
          "per_building": 25653,
          "annual": 67877838
        },
        {
          "segment": "healthcare",
          "label": "Healthcare",
          "buildings": 2820,
          "per_building": 20914,
          "annual": 58977480
        },
        {
          "segment": "hospitality",
          "label": "Hospitality",
          "buildings": 1062,
          "per_building": 42333,
          "annual": 44957646
        },
        {
          "segment": "warehouse",
          "label": "Warehouse / distribution",
          "buildings": 3243,
          "per_building": 13012,
          "annual": 42197916
        },
        {
          "segment": "industrial",
          "label": "Industrial / manufacturing",
          "buildings": 640,
          "per_building": 43325,
          "annual": 27728000
        }
      ],
      "competitors": {
        "naics": "238220",
        "trend": {
          "2018": {
            "establishments": 1407,
            "employees": 15234
          },
          "2023": {
            "establishments": 1647,
            "employees": 17066
          }
        },
        "size_bands": [
          {
            "band": "less than 5 employees",
            "establishments": 918
          },
          {
            "band": "5 to 9 employees",
            "establishments": 321
          },
          {
            "band": "10 to 19 employees",
            "establishments": 195
          },
          {
            "band": "20 to 49 employees",
            "establishments": 162
          },
          {
            "band": "50 to 99 employees",
            "establishments": 30
          },
          {
            "band": "100 to 249 employees",
            "establishments": 17
          },
          {
            "band": "250 to 499 employees",
            "establishments": 3
          }
        ],
        "establishments": 1647,
        "employees": 17066,
        "establishment_change_pct": 17.1,
        "firm_size_shift_pct": -4.3,
        "firm_size_shift_vs_median_pct": -12.7,
        "structure": "fragmenting",
        "employees_per_establishment": {
          "2018": 10.8,
          "2023": 10.4
        }
      },
      "economy": {
        "population": 5028092,
        "bachelors_pct": 16.7,
        "median_household_income": 59609,
        "median_home_value": 179400
      },
      "growth": {
        "construction_gdp_2018_musd": 9463.1,
        "construction_gdp_2025_musd": 16622,
        "construction_growth_pct": 75.7
      },
      "annual_at_full_capture": 1420184512
    },
    {
      "level": "state",
      "abbr": "AK",
      "fips": "02",
      "name": "Alaska",
      "serviceable_buildings": 6296,
      "segments": [
        {
          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 3042,
          "per_building": 26356,
          "annual": 80174952
        },
        {
          "segment": "education",
          "label": "Education",
          "buildings": 873,
          "per_building": 29120,
          "annual": 25421760
        },
        {
          "segment": "office",
          "label": "Office",
          "buildings": 679,
          "per_building": 21088,
          "annual": 14318752
        },
        {
          "segment": "government",
          "label": "Government",
          "buildings": 449,
          "per_building": 25653,
          "annual": 11518197
        },
        {
          "segment": "industrial",
          "label": "Industrial / manufacturing",
          "buildings": 219,
          "per_building": 43325,
          "annual": 9488175
        },
        {
          "segment": "worship",
          "label": "Worship",
          "buildings": 323,
          "per_building": 25370,
          "annual": 8194510
        },
        {
          "segment": "hospitality",
          "label": "Hospitality",
          "buildings": 187,
          "per_building": 42333,
          "annual": 7916271
        },
        {
          "segment": "healthcare",
          "label": "Healthcare",
          "buildings": 326,
          "per_building": 20914,
          "annual": 6817964
        },
        {
          "segment": "warehouse",
          "label": "Warehouse / distribution",
          "buildings": 198,
          "per_building": 13012,
          "annual": 2576376
        }
      ],
      "competitors": {
        "naics": "238220",
        "trend": {
          "2018": {
            "establishments": 262,
            "employees": 1871
          },
          "2023": {
            "establishments": 264,
            "employees": 1939
          }
        },
        "size_bands": [
          {
            "band": "less than 5 employees",
            "establishments": 145
          },
          {
            "band": "5 to 9 employees",
            "establishments": 53
          },
          {
            "band": "10 to 19 employees",
            "establishments": 43
          },
          {
            "band": "20 to 49 employees",
            "establishments": 23
          }
        ],
        "establishments": 264,
        "employees": 1939,
        "establishment_change_pct": 0.8,
        "firm_size_shift_pct": 2.8,
        "firm_size_shift_vs_median_pct": -5.6,
        "structure": "stable",
        "employees_per_establishment": {
          "2018": 7.1,
          "2023": 7.3
        }
      },
      "economy": {
        "population": 734821,
        "bachelors_pct": 19.3,
        "median_household_income": 86370,
        "median_home_value": 318000
      },
      "growth": {
        "construction_gdp_2018_musd": 2573.8,
        "construction_gdp_2025_musd": 4173,
        "construction_growth_pct": 62.1
      },
      "annual_at_full_capture": 166426957
    },
    {
      "level": "state",
      "abbr": "AZ",
      "fips": "04",
      "name": "Arizona",
      "serviceable_buildings": 78029,
      "segments": [
        {
          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 41462,
          "per_building": 26356,
          "annual": 1092772472
        },
        {
          "segment": "education",
          "label": "Education",
          "buildings": 9348,
          "per_building": 29120,
          "annual": 272213760
        },
        {
          "segment": "government",
          "label": "Government",
          "buildings": 7332,
          "per_building": 25653,
          "annual": 188087796
        },
        {
          "segment": "office",
          "label": "Office",
          "buildings": 7610,
          "per_building": 21088,
          "annual": 160479680
        },
        {
          "segment": "hospitality",
          "label": "Hospitality",
          "buildings": 2097,
          "per_building": 42333,
          "annual": 88772301
        },
        {
          "segment": "healthcare",
          "label": "Healthcare",
          "buildings": 4054,
          "per_building": 20914,
          "annual": 84785356
        },
        {
          "segment": "worship",
          "label": "Worship",
          "buildings": 2919,
          "per_building": 25370,
          "annual": 74055030
        },
        {
          "segment": "industrial",
          "label": "Industrial / manufacturing",
          "buildings": 1257,
          "per_building": 43325,
          "annual": 54459525
        },
        {
          "segment": "warehouse",
          "label": "Warehouse / distribution",
          "buildings": 1950,
          "per_building": 13012,
          "annual": 25373400
        }
      ],
      "competitors": {
        "naics": "238220",
        "trend": {
          "2018": {
            "establishments": 2098,
            "employees": 26367
          },
          "2023": {
            "establishments": 2567,
            "employees": 32158
          }
        },
        "size_bands": [
          {
            "band": "less than 5 employees",
            "establishments": 1503
          },
          {
            "band": "5 to 9 employees",
            "establishments": 459
          },
          {
            "band": "10 to 19 employees",
            "establishments": 300
          },
          {
            "band": "20 to 49 employees",
            "establishments": 186
          },
          {
            "band": "50 to 99 employees",
            "establishments": 64
          },
          {
            "band": "100 to 249 employees",
            "establishments": 40
          },
          {
            "band": "250 to 499 employees",
            "establishments": 12
          },
          {
            "band": "500 to 999 employees",
            "establishments": 3
          }
        ],
        "establishments": 2567,
        "employees": 32158,
        "establishment_change_pct": 22.4,
        "firm_size_shift_pct": -0.3,
        "firm_size_shift_vs_median_pct": -8.7,
        "structure": "stable",
        "employees_per_establishment": {
          "2018": 12.6,
          "2023": 12.5
        }
      },
      "economy": {
        "population": 7172282,
        "bachelors_pct": 19.6,
        "median_household_income": 72581,
        "median_home_value": 321400
      },
      "growth": {
        "construction_gdp_2018_musd": 17529.8,
        "construction_gdp_2025_musd": 37524.4,
        "construction_growth_pct": 114.1
      },
      "annual_at_full_capture": 2040999320
    },
    {
      "level": "state",
      "abbr": "AR",
      "fips": "05",
      "name": "Arkansas",
      "serviceable_buildings": 26305,
      "segments": [
        {
          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 9997,
          "per_building": 26356,
          "annual": 263480932
        },
        {
          "segment": "education",
          "label": "Education",
          "buildings": 5123,
          "per_building": 29120,
          "annual": 149181760
        },
        {
          "segment": "government",
          "label": "Government",
          "buildings": 2771,
          "per_building": 25653,
          "annual": 71084463
        },
        {
          "segment": "worship",
          "label": "Worship",
          "buildings": 2288,
          "per_building": 25370,
          "annual": 58046560
        },
        {
          "segment": "warehouse",
          "label": "Warehouse / distribution",
          "buildings": 3071,
          "per_building": 13012,
          "annual": 39959852
        },
        {
          "segment": "hospitality",
          "label": "Hospitality",
          "buildings": 832,
          "per_building": 42333,
          "annual": 35221056
        },
        {
          "segment": "office",
          "label": "Office",
          "buildings": 1451,
          "per_building": 21088,
          "annual": 30598688
        },
        {
          "segment": "healthcare",
          "label": "Healthcare",
          "buildings": 708,
          "per_building": 20914,
          "annual": 14807112
        },
        {
          "segment": "industrial",
          "label": "Industrial / manufacturing",
          "buildings": 64,
          "per_building": 43325,
          "annual": 2772800
        }
      ],
      "competitors": {
        "naics": "238220",
        "trend": {
          "2018": {
            "establishments": 976,
            "employees": 8923
          },
          "2023": {
            "establishments": 1145,
            "employees": 10835
          }
        },
        "size_bands": [
          {
            "band": "less than 5 employees",
            "establishments": 670
          },
          {
            "band": "5 to 9 employees",
            "establishments": 236
          },
          {
            "band": "10 to 19 employees",
            "establishments": 132
          },
          {
            "band": "20 to 49 employees",
            "establishments": 73
          },
          {
            "band": "50 to 99 employees",
            "establishments": 24
          },
          {
            "band": "100 to 249 employees",
            "establishments": 6
          },
          {
            "band": "250 to 499 employees",
            "establishments": 3
          }
        ],
        "establishments": 1145,
        "employees": 10835,
        "establishment_change_pct": 17.3,
        "firm_size_shift_pct": 3.5,
        "firm_size_shift_vs_median_pct": -4.9,
        "structure": "stable",
        "employees_per_establishment": {
          "2018": 9.1,
          "2023": 9.5
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      },
      "economy": {
        "population": 3018669,
        "bachelors_pct": 15.6,
        "median_household_income": 56335,
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      },
      "growth": {
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        "construction_gdp_2025_musd": 8424.9,
        "construction_growth_pct": 71.9
      },
      "annual_at_full_capture": 665153223
    },
    {
      "level": "state",
      "abbr": "CA",
      "fips": "06",
      "name": "California",
      "serviceable_buildings": 418980,
      "segments": [
        {
          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 266010,
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          "annual": 7010959560
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        {
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          "annual": 661235328
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          "annual": 423545200
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        {
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          "annual": 395697525
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        {
          "segment": "worship",
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          "annual": 318215910
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        {
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          "annual": 306152256
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        {
          "segment": "healthcare",
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          "annual": 224992812
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        {
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          "annual": 88572684
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      ],
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        "trend": {
          "2018": {
            "establishments": 10492,
            "employees": 113588
          },
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            "establishments": 11686,
            "employees": 126947
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            "band": "10 to 19 employees",
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          {
            "band": "20 to 49 employees",
            "establishments": 725
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          {
            "band": "50 to 99 employees",
            "establishments": 234
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          {
            "band": "100 to 249 employees",
            "establishments": 136
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          {
            "band": "250 to 499 employees",
            "establishments": 24
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            "band": "500 to 999 employees",
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          {
            "band": "1,000 employees or more",
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        ],
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        "structure": "stable",
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          "2023": 10.9
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      },
      "economy": {
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        "median_household_income": 91905,
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        "construction_growth_pct": 30.7
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      "annual_at_full_capture": 11149577035
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    {
      "level": "state",
      "abbr": "CO",
      "fips": "08",
      "name": "Colorado",
      "serviceable_buildings": 0,
      "segments": [],
      "competitors": {
        "naics": "238220",
        "trend": {
          "2018": {
            "establishments": 2422,
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            "establishments": 2620,
            "employees": 24178
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          {
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            "establishments": 460
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          {
            "band": "10 to 19 employees",
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          {
            "band": "20 to 49 employees",
            "establishments": 167
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            "band": "50 to 99 employees",
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            "band": "100 to 249 employees",
            "establishments": 24
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          {
            "band": "250 to 499 employees",
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          }
        ],
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        "employees": 24178,
        "establishment_change_pct": 8.2,
        "firm_size_shift_pct": -7.9,
        "firm_size_shift_vs_median_pct": -16.3,
        "structure": "fragmenting",
        "employees_per_establishment": {
          "2018": 10,
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      },
      "economy": {
        "population": 5770790,
        "bachelors_pct": 27.2,
        "median_household_income": 87598,
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      "growth": {
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        "construction_gdp_2025_musd": 33075.1,
        "construction_growth_pct": 45.1
      },
      "annual_at_full_capture": 0
    },
    {
      "level": "state",
      "abbr": "CT",
      "fips": "09",
      "name": "Connecticut",
      "serviceable_buildings": 24606,
      "segments": [
        {
          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 11591,
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          "annual": 305492396
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          "annual": 117615680
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        {
          "segment": "government",
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          "annual": 97814889
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          "segment": "office",
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          "buildings": 2985,
          "per_building": 21088,
          "annual": 62947680
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        {
          "segment": "worship",
          "label": "Worship",
          "buildings": 1450,
          "per_building": 25370,
          "annual": 36786500
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        {
          "segment": "healthcare",
          "label": "Healthcare",
          "buildings": 513,
          "per_building": 20914,
          "annual": 10728882
        },
        {
          "segment": "hospitality",
          "label": "Hospitality",
          "buildings": 170,
          "per_building": 42333,
          "annual": 7196610
        },
        {
          "segment": "industrial",
          "label": "Industrial / manufacturing",
          "buildings": 25,
          "per_building": 43325,
          "annual": 1083125
        },
        {
          "segment": "warehouse",
          "label": "Warehouse / distribution",
          "buildings": 20,
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          "annual": 260240
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      ],
      "competitors": {
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        "trend": {
          "2018": {
            "establishments": 1263,
            "employees": 9831
          },
          "2023": {
            "establishments": 1318,
            "employees": 10964
          }
        },
        "size_bands": [
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            "band": "less than 5 employees",
            "establishments": 823
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          {
            "band": "5 to 9 employees",
            "establishments": 231
          },
          {
            "band": "10 to 19 employees",
            "establishments": 146
          },
          {
            "band": "20 to 49 employees",
            "establishments": 79
          },
          {
            "band": "100 to 249 employees",
            "establishments": 13
          },
          {
            "band": "50 to 99 employees",
            "establishments": 26
          }
        ],
        "establishments": 1318,
        "employees": 10964,
        "establishment_change_pct": 4.4,
        "firm_size_shift_pct": 6.9,
        "firm_size_shift_vs_median_pct": -1.5,
        "structure": "stable",
        "employees_per_establishment": {
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          "2023": 8.3
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      },
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        {
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          {
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          {
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          {
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          {
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          {
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          {
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          {
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    {
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        },
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          {
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          {
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          {
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        {
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        {
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        {
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        {
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            "establishments": 229,
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          {
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          "segment": "healthcare",
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          "per_building": 21088,
          "annual": 20898208
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        {
          "segment": "education",
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          "buildings": 700,
          "per_building": 29120,
          "annual": 20384000
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        {
          "segment": "warehouse",
          "label": "Warehouse / distribution",
          "buildings": 726,
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          "annual": 9446712
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        {
          "segment": "worship",
          "label": "Worship",
          "buildings": 286,
          "per_building": 25370,
          "annual": 7255820
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        {
          "segment": "government",
          "label": "Government",
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          "per_building": 25653,
          "annual": 7157187
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        {
          "segment": "healthcare",
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          "per_building": 20914,
          "annual": 5542210
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        {
          "segment": "hospitality",
          "label": "Hospitality",
          "buildings": 103,
          "per_building": 42333,
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        {
          "segment": "industrial",
          "label": "Industrial / manufacturing",
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          "per_building": 43325,
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      ],
      "competitors": {
        "naics": "238220",
        "trend": {
          "2018": {
            "establishments": 175,
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          "2023": {
            "establishments": 190,
            "employees": 2190
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        },
        "size_bands": [
          {
            "band": "less than 5 employees",
            "establishments": 104
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          {
            "band": "5 to 9 employees",
            "establishments": 28
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          {
            "band": "10 to 19 employees",
            "establishments": 24
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          {
            "band": "20 to 49 employees",
            "establishments": 24
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          {
            "band": "50 to 99 employees",
            "establishments": 8
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        ],
        "establishments": 190,
        "employees": 2190,
        "establishment_change_pct": 8.6,
        "firm_size_shift_pct": 18.2,
        "firm_size_shift_vs_median_pct": 9.8,
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        "employees_per_establishment": {
          "2018": 9.8,
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      },
      "economy": {
        "population": 585485,
        "bachelors_pct": 19.9,
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      "annual_at_full_capture": 151177538,
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      "short_name": "Spokane, WA",
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        "construction_gdp_2018_musd": 25730.6,
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        "construction_growth_pct": 38,
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        "inheritance_rule": "Metro inherits the first state listed in its Census CBSA name.",
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        "source": "US Bureau of Economic Analysis SAGDP2, construction (NAICS 23)"
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    },
    {
      "level": "metro",
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          "segment": "multifamily",
          "label": "Multifamily",
          "buildings": 2268,
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          "annual": 59775408
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        {
          "segment": "government",
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        {
          "segment": "education",
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        {
          "segment": "worship",
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        {
          "segment": "office",
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          "annual": 3669312
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        {
          "segment": "hospitality",
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        {
          "segment": "healthcare",
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        {
          "segment": "warehouse",
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      "competitors": {
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          "2018": {
            "establishments": 118,
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          "2023": {
            "establishments": 188,
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        "size_bands": [
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            "band": "less than 5 employees",
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          {
            "band": "5 to 9 employees",
            "establishments": 39
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          {
            "band": "10 to 19 employees",
            "establishments": 22
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          {
            "band": "20 to 49 employees",
            "establishments": 12
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        ],
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      "short_name": "Atlantic City, NJ",
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        "inheritance_rule": "Metro inherits the first state listed in its Census CBSA name.",
        "price_basis": "Current dollars (nominal)",
        "source": "US Bureau of Economic Analysis SAGDP2, construction (NAICS 23)"
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  ]
}
