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

High-rise Construction | Jan 23, 2017

Growth spurt: A record-breaking 128 buildings of 200 meters or taller were completed in 2016

This marks the third consecutive record-breaking year for building completions over 200 meters.

Market Data | Jan 18, 2017

Fraud and risk incidents on the rise for construction, engineering, and infrastructure businesses

Seven of the 10 executives in the sector surveyed in the report said their company fell victim to fraud in the past year.

Market Data | Jan 18, 2017

Architecture Billings Index ends year on positive note

Architecture firms close 2016 with the strongest performance of the year.

Market Data | Jan 12, 2017

73% of construction firms plan to expand their payrolls in 2017

However, many firms remain worried about the availability of qualified workers.

Market Data | Jan 9, 2017

Trump market impact prompts surge in optimism for U.S. engineering firm leaders

The boost in firm leader optimism extends across almost the entire engineering marketplace.

Market Data | Jan 5, 2017

Nonresidential spending thrives in strong November spending report

Many construction firms have reported that they remain busy but have become concerned that work could dry up in certain markets in 2017 or 2018, says Anirban Basu, ABC Chief Economist.

Market Data | Dec 21, 2016

Architecture Billings Index up slightly in November

New design contracts also return to positive levels, signifying future growth in construction activity. 

Market Data | Dec 21, 2016

Will housing adjust to an aging population?

New Joint Center report projects 66% increase in senior heads of households by 2035.

Market Data | Dec 13, 2016

ABC predicts modest growth for 2017 nonresidential construction sector; warns of vulnerability for contractor

“The U.S. economy continues to expand amid a weak global economy and, despite risks to the construction industry, nonresidential spending should expand 3.5 percent in 2017,” says ABC Chief Economist Anirban Basu.

Market Data | Dec 2, 2016

Nonresidential construction spending gains momentum

Nonresidential spending is now 2.6 percent higher than at the same time one year ago.

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