Providence metro area 110th in U.S. for construction job growth
BLOOMBERG FILE PHOTO/TIM BOYLE
THE PROVIDENCE-FALL RIVER-WARWICK metro area added 900 construction jobs for November, a 5 percent increase that earned the region a spot at No. 110 among 339 U.S. metro areas in terms of highest percentage of jobs gained between November 2012 and November 2013. New Bedford ranked at No. 54 with 200 new jobs, or 8 percent.
ARLINGTON, Va. – Construction employment in the Providence-Fall River-Warwick metro area rose 5 percent in November compared with the same period last year, adding 900 jobs for a total of 20,800 jobs, the Associated General Contractors of America reported Tuesday.
The metro area ranked 110th among 339 U.S. metro areas for highest percentage of jobs gained between November 2012 and November 2013.
The New Bedford metro area, which added 200 jobs, or 8 percent, since November of last year, ranked 54th. Construction jobs in the New Bedford metro area totaled 2,700 in November, the AGC reported.
On a year-over-year basis, 211 of the 339 metro areas experienced growth in construction jobs in November, while 67 metro areas lost jobs and 61 metro areas were stagnant. Steubenville-Weirton, Ohio, led the country with a 29 percent increase, adding 500 jobs, followed by Eau Claire, Wis., with an increase of 27 percent, or 800 jobs, and Fargo, N.D., with an increase of 24 percent, or 1,900 jobs.
By the numbers, Atlanta-Sandy Springs-Marietta, Ga., saw the largest gains, with 10,500 new construction jobs, followed by Los Angeles-Long Beach-Glendale, Calif., with 9,100 new jobs, and Santa Ana-Anaheim-Irvine, Calif., with 8,200 new jobs.
“Construction employment continued to expand in many parts of the country in November, but most areas have a long way to go before reaching prior peak levels,” said Stephen E. Sandherr, CEO of the Associated General Contractors of America. “It will take many more months of strong economic growth and new investments in public infrastructure before many places experience construction employment levels close to their prior peaks.”
Estate and Corporate Income Taxes are changing next year, and business owners and executives should know the details. The PBN Summit on November 6th will provide those details and more - including how much Obamacare's Employer Mandate could cost.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.