PORTLAND, OR , Aug. 5, 2014 (RISI) -
New government data show the U.S. construction industry added 22,000 jobs in July, but suffered a pullback in spending in June, according to an analysis by the Associated General Contractors of America. Association officials said that uncertainty about federal funding for a range of infrastructure and construction programs is one reason for the uneven recovery.
Residential construction employers added 13,000 jobs in July and 115,600 (5.3%) over 12 months. Nonresidential construction employment increased by 9,100 for the month and 95,700 (2.6%) since July 2013.
Wood News Service subscribers - click here to read the full article.
Not a subscriber?