flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Construction employment increases in 245 metro areas between March 2017 & 2018, as trade fights & infrastructure funding shortfalls loom

Market Data

Construction employment increases in 245 metro areas between March 2017 & 2018, as trade fights & infrastructure funding shortfalls loom

Houston-The Woodlands-Sugar Land, Texas and Weirton-Steubenville, W.Va.-Ohio experience largest year-over-year gains; Baton Rouge, La. and Auburn-Opelika, Ala. have biggest annual declines.


By AGC of America | May 2, 2018
A welder at work
A welder at work

Construction employment increased in 245 out of 358 metro areas between March 2017 and March 2018, declined in 67 and stagnated in 46, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the new figures come amid questions about how a possible trade war and long-term infrastructure funding shortfalls will impact the construction sector.

"While firms in many parts of the country continue to expand, there is a growing number of threats that could undermine future employment growth in the sector," said Stephen E. Sandherr, the association's chief executive officer. "Among the top threats to future construction growth are the risk of a trade war and long-term infrastructure funding challenges."

Houston-The Woodlands-Sugar Land, Texas added the most construction jobs during the past year (10,700 jobs, 5%), followed by Phoenix-Mesa-Scottsdale, Ariz. (9,500 jobs, 9%); Dallas-Plano-Irving, Texas (7,800 jobs, 6%) and Riverside-San Bernardino-Ontario, Calif. (7,200 jobs, 8%). The largest percentage gains occurred in the Weirton-Steubenville, W.Va.-Ohio metro area (29%, 400 jobs), followed by Merced, Calif. (26%, 600 jobs); Wenatchee, Wash. (26%, 600 jobs) and Midland, Texas (23%, 6,000 jobs). 

The largest job losses from March 2017 to March 2018 were in Baton Rouge, La. (-3,200 jobs, -6%), followed by Columbia, S.C. (-2,200 jobs, -11%); Minneapolis-St. Paul-Bloomington, Minn.-Wisc. (-1,700 jobs, -2%); Newark, N.J.-Pa. (-1,700 jobs, -4%) and Montgomery County-Bucks County-Chester County, Pa. (-1,600 jobs, -3%). The largest percentage decreases for the year were in Auburn-Opelika, Ala. (-34%, -1,300 jobs), followed by Monroe, Mich. (-17%, -400 jobs); Portland-South Portland, Maine (-11%, -1,000 jobs) and Columbia, S.C. (-11%, -2,200 jobs).  

Association officials said that trade disputes that could arise from the President's newly-imposed tariffs and long-term infrastructure funding shortfalls could threaten future construction employment growth. They noted that many construction firms have already experienced significant increases in what they pay for steel products. Meanwhile, long-term funding shortfalls for infrastructure improvements could undermine demand for many firms' services.

"The biggest threats to future construction growth are man-made: trade wars and funding shortfalls," said Stephen E. Sandherr, the association's chief executive officer. "Fortunately, Washington officials can help ensure future economic growth by avoiding a trade war and enacting long-term infrastructure funding."

View the metro employment data by rank and state. View metro employment map.

Related Stories

Industry Research | Jan 31, 2024

ASID identifies 11 design trends coming in 2024

The Trends Outlook Report by the American Society of Interior Designers (ASID) is the first of a three-part outlook series on interior design. This design trends report demonstrates the importance of connection and authenticity.

Apartments | Jan 26, 2024

New apartment supply: Top 5 metros delivering in 2024

Nationally, the total new apartment supply amounts to around 1.4 million units—well exceeding the apartment development historical average of 980,000 units.

Self-Storage Facilities | Jan 25, 2024

One-quarter of self-storage renters are Millennials

Interest in self-storage has increased in over 75% of the top metros according to the latest StorageCafe survey of self-storage preferences. Today, Millennials make up 25% of all self-storage renters.

Industry Research | Jan 23, 2024

Leading economists forecast 4% growth in construction spending for nonresidential buildings in 2024

Spending on nonresidential buildings will see a modest 4% increase in 2024, after increasing by more than 20% last year according to The American Institute of Architects’ latest Consensus Construction Forecast. The pace will slow to just over 1% growth in 2025, a marked difference from the strong performance in 2023.

Construction Costs | Jan 22, 2024

Construction material prices continue to normalize despite ongoing challenges

Gordian’s most recent Quarterly Construction Cost Insights Report for Q4 2023 describes an industry still attempting to recover from the impact of COVID. This was complicated by inflation, weather, and geopolitical factors that resulted in widespread pricing adjustments throughout the construction materials industries.

Hotel Facilities | Jan 22, 2024

U.S. hotel construction is booming, with a record-high 5,964 projects in the pipeline

The hotel construction pipeline hit record project counts at Q4, with the addition of 260 projects and 21,287 rooms over last quarter, according to Lodging Econometrics.

Multifamily Housing | Jan 15, 2024

Multifamily rent growth rate unchanged at 0.3%

The National Multifamily Report by Yardi Matrix highlights the highs and lows of the multifamily market in 2023. Despite strong demand, rent growth remained unchanged at 0.3 percent.

Self-Storage Facilities | Jan 5, 2024

The state of self-storage in early 2024

As the housing market cools down, storage facilities suffer from lower occupancy and falling rates, according to the December 2023 Yardi Matrix National Self Storage Report.

Designers | Dec 25, 2023

Redefining the workplace is a central theme in Gensler’s latest Design Report

The firm identifies eight mega trends that mostly stress human connections.

Contractors | Dec 12, 2023

The average U.S. contractor has 8.5 months worth of construction work in the pipeline, as of November 2023

Associated Builders and Contractors reported today that its Construction Backlog Indicator inched up to 8.5 months in November from 8.4 months in October, according to an ABC member survey conducted Nov. 20 to Dec. 4. The reading is down 0.7 months from November 2022.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021