Chart 4.
The title is "Some Markets with Large First Half 2001 Office Vacancy Increases Also Have High Construction Activity." A scatter chart showing the basis point vacancy increase and construction activity as a percentage of stock for selected metropolitan statistical areas and the nation. For the nation, the basis point vacancy increase is about 250 and construction activity as a percentage of stock is about 5 percent. San Jose, Austin, Oakland, and San Francisco are among the cities that have both a high basis point vacancy increase (600 to 700 points) and construction activity between 8 and 10 percent.