Placer.ai Office Index: June 2024 Recap

Return-to-office (RTO) mandates are once again the talk of the town, with growing numbers of employers requiring workers to move back closer to the office and come into the office more frequently. Despite employee pushback, the trend is leaving its mark on everything from downtown retailers to local housing markets.

But how is the RTO push impacting office attendance? We dove into the data to find out.

Key Takeaways 

• In June 2024, office visits nationwide broke a new post-pandemic record, with visits down just 29.4% compared to June 2019. 
• Miami and New York continued to lead the post-pandemic office recovery pack– while Atlanta and Boston led in year-over-year (YoY) office recovery.
• Houston, still reeling from May’s storms, experienced more severe weather in June – likely contributing to the city’s YoY drop in office visits. 

June Office Visits Set New Post-Pandemic Record

In June 2024, visits to offices nationwide were just 29.4% below June 2019 levels – and the highest they’ve been since before the pandemic. June’s strong year-over-year (YoY) showing is particularly impressive given the fact that June 2024 had one fewer workday than June 2019 (Juneteenth was declared a federal holiday in 2021).

Miami Exceeds 90.0% Office Visit Recovery

Digging down into regional data shows Miami continuing to lead the office recovery pack, with June 2024 visits down just 9.8% compared to the equivalent period of 2019. New York was once again close on Miami’s heels – driven in part by strict RTO policies on Wall Street. Atlanta, Dallas, and Washington, D.C. also outperformed the nationwide baseline, while Boston, Chicago, Denver, Los Angeles, Houston, and San Francisco took up the rear. 

Atlanta and Boston Lead the YoY Charge

A look at regional YoY visitation patterns offers additional insight into each city’s unique office recovery trajectory. Houston, which was hit hard by inclement weather in May 2024, suffered an additional setback in June – with tropical storm warnings and extreme heat waves likely inducing many locals to stay home.

Atlanta and Boston, on the other hand, experienced their busiest in-office month since the pandemic – with respective June 2024 YoY visit increases of 10.0% and 10.3%. Atlanta, which has been outperforming nationwide averages for some months now, has seen an accelerated recovery fueled by accumulating RTO mandates. And in Boston, too, growing numbers of companies are calling on employees to put in more face time. 

San Francisco, meanwhile, surrendered its YoY visit growth lead, even as the San Francisco Federal Reserve president urged tech companies to tighten their in-office policies. 

Looking Ahead

The new hybrid normal may be firmly entrenched – but foot traffic data shows that the RTO story is still very much ongoing. How will office visits continue to shape up as the year wears on? 

Follow Placer.ai’s data-driven analyses to find out.