Sunday, June 22, 2014

Building, building, building....

One of the weaker points in the regional economy in recent years has been sheer construction activity.  That's the bad news.  The good news is that the latest data just out shows a pretty healthy jump in construction employment over the pervious year.

Still not back to the peaks reached in the boom before the recession set in, but a lot of artificial pumping going in in real estate world back then globally, but also the construction of both the Rivers Casino and the Consol Arena were ongoing. Take those two projects out and I'd argue we are at one of the highest employment levels in the construction industry in a decade. We will see what the peak
construction season of the summer brings.


Post a Comment

<< Home