CONSTRUCTION EMPLOYMENT DECLINES IN 165 OUT OF 337 METRO AREAS BETWEEN JULY 2011 & 2012 AS COMMUNITIES COPE WITH SHRINKING PUBLIC SECTOR BUDGETS

WASHINGTON, D.C. – August 28, 2012 – (RealEstateRama) — Construction employment declined in 165 out of 337 metropolitan areas between July 2011 and July 2012, increased in 123 and was stagnant in 49, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said that the new data comes out as many metro areas continue to struggle with constricting public sector budgets and uneven private sector growth.