In a study by the National Multi Housing Council and the National Apartment Association in 2013 conducted by Dr. Stephen S. Fuller of George Mason University’s Center for Regional Analysis, known as the Fuller Report, the 35 million apartment residents of the United States contributed to the growth of a trillion dollar economy.
The report quantified for the first time the economic contribution of apartment renter spending activity. The apartments’ economic impact in 2011 was $504.2 billion in terms of direct spending, $1.1 trillion in economic contribution and $25.4 million in total jobs supported.
His findings include the conc