After years of slow employment growth and halted construction, there is some relief in at least some regions nationwide. Of those seeing construction growth, the Inland Empire region is in the lead with an impressive 20% growth.
An August 2017, Associated General Contractors of America news release stated that the region saw the 20% increase in comparison to the Los Angeles area which saw only an 8% growth. This 20% increase added 18,000 jobs to the region between June 2016 and June 2017. “Western metro areas, from southern California and Nevada to Oregon and Washington, logged many of the largest absolute and percentage increases in construction employment in the past year,” said Ken Simonson, the association’s chief economist.
As far as job losses from June 2016 to June 2017, North Dakota, as well as parts of Minnesota, saw losses of over 20 percent. The inconsistent metro area job growth was declining spending figures leading the Association officials to urge Congress to fund and finance upgrades to aging infrastructure. This funding will assist in not only the safety of the regions receiving the funding, but would also increase the construction-based employment.
“Finding new ways to fund and finance needed infrastructure repairs will help ensure that construction job growth remains both widespread and robust,” said Stephen E. Sandherr, the association’s chief executive officer. “More important, modernizing our aging and overused public works will make our economy more efficient and help boost overall economic growth.”
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Image Sources:
- construction: file