Wednesday, July 17, 2013

Construction to drive job growth in Texas, U.S. via Real Estate Center at Texas A&M University

Construction will continue to be the main driver of job growth in Texas and across the country.

“Construction is only getting started,” IHS Global Insight economist Steven Frable said about the employment and housing market rebound. “As the housing rebound continues and housing starts increase this year and in all of 2014, we expect the construction sector to start posting double-digit gains in most states.”

Nine states, including Texas, already are at or above their pre-recession peak employment. IHS ranked Texas No. 3 for its annual job growth rate of 3 percent as of May.

Read more...Construction to drive job growth in Texas, U.S. via Real Estate Center at Texas A&M University

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