Fast Fact: Construction Labor Grows an Annual Average of 5% Since 2012

January 6, 2020  by Laurie Northington in Economic News, Industry   

The rebound of residential construction continues to be slow well past the recession recovery.

The number of residential construction workers fell 21.7% in 2009 and did not begin showing positive growth (2.8 %) until 2012. While growth in construction labor has not been robust, there has been consistent increases each year since 2012 – growing an average of 5% each year from 2012 to 2019 May YTD. 

For a closer look at the numbers, click here.