Whitestone Report: Facility Funding Targets are Distorted by Price Changes

SANTA BARBARA, CA - April 23, 2009 - Recent declines in costs have mixed implications for the facility management industry. Two Whitestone indices turned negative in February, the most current data available. Maintenance and repair (M&R) costs declined 4.7 percent, year over year, the first time we have seen a real decline since the inception of the index in 1994. Overall, real estate operating costs declined by 1.5 percent.

Whitestone Report: Facility Funding Targets are Distorted by Price Changes.

About Whitestone Research
Whitestone Research, with offices in Washington, DC and Santa Barbara, California, specializes in applied policy research and software development. Whitestone products and services are used every year by hundreds of major corporations, government agencies, and public and private institutions. Contact us at contact@whitestoneresearch.com or call (800) 210-0137.

News Contact:
Michael Panesis
Whitestone Research Corporation
(805) 884-9174
contact@whitestoneresearch.com

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