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Reports of construction growth in April illustrate an industry that is creeping toward recovery.
Firms in 29 states and the District of Columbia added construction jobs between March and April this year. However, employment levels are far below pre-recession levels (only North Dakota reached a new high last month) and 20 other states reported a net loss of construction jobs in the same period.
The “fragile” recovery is mostly attributed to gradually improving weather and greater demand for certain construction services. The sector leading current growth is engineering (heavy and civil), followed by commercial and industrial building. Residential construction is at the bottom of the heap, though there has been an uptick in new housing developments and residential remodeling products.
CareerBuilder CEO Matt Ferguson highlighted the importance of the construction industry’s growth patterns in a press release, noting that “growth has positive ripple effects up and down supply chains.” In fact, positive growth in construction helps nearly every industry, from manufacturing to temporary staffing to trucking.
Current legislation may contribute to future growth through infrastructure construction projects, according to officials with the Associated General Contractors of America. Overall, construction is expected to add more than a million new jobs by the end of the year.
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