I saw this headline pop into my RSS Reader: Houston Dropped 18,400 Construction Jobs in 12 Months ending May 2010 and was pretty amazed at the size of the drop for Houston. So that got me curious on how the construction employment numbers are looking for our area. In Dallas we shed 12,900 jobs year on year ending May 2010. Percentage wise that is a bit worse than Houston (Dallas-11%, Houston-10%).
I thought I would dig a little deeper since the AGC has all the reports sitting right here and see what the trend looks like for the Dallas area.
I would say it doesn’t look great, but the last few months at least show a bit of a bottom. Let me know what you think, does it look like the construction projects are continuing to drop, maintaining its level, or actually getting better in the DFW area?”