Dive summary:
- Construction employment went up by 48,000 jobs in February, and the U.S. has not seen an increase like that in almost six years, Associated General Contractors said after sorting through federal data.
- The resurgence was widely based, too, with increases in 35 states and steady employment in three more, AGC reported.
- Despite the month-to-month gains, however, the year-over-year change in construction jobs was positive only in 29 states and the District of Columbia, data showed.
From the release:
"There are strong indications that the expansion will continue for residential and private nonresidential construction, but investment in infrastructure and public buildings is likely to shrink further," [said Ken Simonson, AGC's chief economist]. ...