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

Market Data | Feb 10, 2016

Nonresidential building starts and spending should see solid gains in 2016: Gilbane report

But finding skilled workers continues to be a problem and could inflate a project's costs.

Market Data | Feb 9, 2016

Cushman & Wakefield is bullish on U.S. economy and its property markets

Sees positive signs for construction and investment growth in warehouses, offices, and retail

Market Data | Feb 5, 2016

CMD/Oxford forecast: Nonresidential building growth will recover modestly in 2016

Increased government spending on infrastructure projects should help.

Market Data | Feb 4, 2016

Mortenson: Nonresidential construction costs expected to increase in six major metros

The Construction Cost Index, from Mortenson Construction, indicated rises between 3 and 4% on average.

Contractors | Feb 1, 2016

ABC: Tepid GDP growth a sign construction spending may sputter

Though the economy did not have a strong ending to 2015, the data does not suggest that nonresidential construction spending is set to decline.

Data Centers | Jan 28, 2016

Top 10 markets for data center construction

JLL’s latest outlook foresees a maturation in certain metros.

Market Data | Jan 20, 2016

Nonresidential building starts sag in 2015

CDM Research finds only a few positive signs among the leading sectors.

Market Data | Jan 20, 2016

Architecture Billings Index ends year on positive note

While volatility persists, architecture firms reported healthy performance for 2015.

Market Data | Jan 15, 2016

ABC: Construction material prices continue free fall in December

In December, construction material prices fell for the sixth consecutive month. Prices have declined 7.2% since peaking in August 2014.

Market Data | Jan 13, 2016

Morgan Stanley bucks gloom and doom, thinks U.S. economy has legs through 2020

Strong job growth and dwindling consumer debt give rise to hope.

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