Construction Job Growth And Optimism

Construction Job Growth And Optimism

A survey of contractors in 339 cities showed improved hiring in construction to close 2014. Only 43 cities posted job losses year over year in December.

“The industry should continue to add jobs in 2015 as private and public sector demand continues to grow,” Ken Simonson, AGC’s chief economist, said in a prepared statement.

The association’s recently released construction outlook for 2015 showed 60 percent of contractors nationwide expect construction activity to grow this year.

Almost three of every four contractors expects to add employees. Contractors expect the construction growth to be driven by the private sector, with retail, warehouse and lodging property leading the way, according to the survey. Optimism dropped off from a year earlier for construction prospects in manufacturing, private offices, hospitals and power projects.