In June 2023, the average utilization rate across the Density network of customers reached 21% — the highest average since before the pandemic.
As seen above, utilization rates continue to climb. June's mark of 21% represents a 40% increase from June 2022, when rates were 15%.
Workplace utilization rates by region
The Midwest continues to see the highest average utilization rates across our network. But digging in deeper, Midwest companies are seeing a leveling off. This 25-26% average may be the new normal — at least for now.
Meanwhile, the West Coast saw a 15% increase in utilization from May (20%) to June (23%) — the largest increase of any region since April (Midwest).
Numbers are based on the average of the “hourly average utilization” at the floor level, between 8 am and 6 pm local time, Monday through Friday, and represent data sourced from 39 different organizations.