Construction employment declined over the past year in 157 out of 337 metropolitan areas, including Syracuse, according to the Associated General Contractors of America.
According to the association, construction employment continues to suffer from weak demand due to a decline in public sector investments.
Construction employment did stay steady in 60 regions and increased in 120 regions, including Binghamton and Utica-Rome.
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The commercial real estate market has been rough for some time, and the residential market has seen wild fluctuations. Inflation, high interest rates and decreased demand for office space have
The Binghamton area increased from 3,800 jobs in April 2011 to 4,000 jobs in April 2012 and the Utica-Rome area increased from 2,900 jobs in April 2011 to 3,000 jobs in April 2012. The Syracuse area declined from 11,000 jobs in April 2011 to 10,500 jobs a year later. New York state declined from 296,200 jobs in April 2011 to 291,600 jobs this April.
“As public investments in infrastructure and other forms of construction continue to decline, construction employment is taking a hit in many parts of the country,” Ken Simonson, the association’s chief economist, said in a press release. “Even in places where the construction employment is increasing , the figures would have been better if the public sector wasn’t holding things back.”
The Chicago-Joliet-Naperville area of Illinois lost the most jobs, declining 6,500 jobs, or 6 percent. The Indianapolis region gained the most jobs, adding 6,100 jobs, or 16 percent.
Contact DeLore at tgregory@tmvbj.com
