Construction Industry Is Strengthening

Construction Industry Is Strengthening

Automatic Data Processing (ADP), a leading provider of payroll services, has released its February employment report, a report that it creates each month in association with Moody’s Analytics. According to their calculations, the national economy added 198,000 jobs (from nonfarm private employers) in February 2013. January’s job totals were also revised upward by 23,000 jobs, from 192,000 jobs added to 215,000.

ADP and Moody’s report doesn’t break down the data in as detailed a way as does the U.S. Department of Labor’s Bureau of Labor Statistics in its monthly report (due to be released Friday, March 8), so the analogous “architecture and engineering services” category can’t be plumbed for a comparison.

There is a long way to go to replace the 2 million jobs that the construction industry sector lost when the housing bubble burst and the financial crisis hit, but the steady climb in employment is promising.

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