“The strongest recoveries in construction employment have occurred in states with oil and gas activity”

Interested in economic recovery? Wondering what North Carolina can do to put people back to work? Paring back spending and reforming the tax code are key, but so is the development of new industries and tapping of natural resources. For now, North Carolina’s construction industry is still suffering job losses. But if we explore for oil and gas, that can change.

Meanwhile, in 27 states, construction payrolls grew in May.

“The strongest recoveries in construction employment have occurred in states with oil and gas activity, while the steepest construction job losses have occurred in Sunbelt states,” says AGC economist Ken Simonson.