Phoenix hit hardest in Construction Job Losses
Posted by Ryan Nager on Tuesday, January 19th, 2010 at 10:38am.The Phoenix metro area lost 28,900 construction jobs between November 2008 and November 2009 — the most of any U.S. metro area.
The Valley’s construction job base went from 127,300 workers in November 2008 to 98,400 in November 2009, according to the Associated General Contractors.
By comparison, Seattle lost 16,600 construction jobs, Las Vegas 20,300, Atlanta 23,000, Chicago 24,900 and Houston 25,800.
The Phoenix economy and its construction sector have been hit hard by the real estate tumble, which bottomed out the housing market and commercial real estate has started to follow.
If you would like any additional Real Estate information feel free to give me a call anytime
Ryan Nager, Realtor
480 227 1527
ryan@occasiorealty.com
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