• Construction Industry Forecast

    Highlights of this posting: The US construction industry was one of the hardest hit industries in the Great Recession and is the second worst industry in terms of employment of the ten private sectors industries. Overall construction industry employment is down -29% with the residential sector down -42%, nonresidential (commercial building) down -23% and the non-building publically financed infrastructure/heavy construction/civil engineering sector down -18%.  The official unemployment rate for this industry is 14.2% as of June 2012.  Overall construction industry ...