CONSTRUCTION EMPLOYMENT DECLINES IN 156 OUT OF 337 METRO AREAS BETWEEN OCTOBER 2011 & 2012 AS NEW REPORT WARNS OF FISCAL CLIFF’S THREAT TO INDUSTRY

WASHINGTON, D.C. – December 6, 2012 – (RealEstateRama) — Construction employment declined in 156 out of 337 metropolitan areas between October 2011 and October 2012, increased in 127 and was stagnant in 54, according to a new analysis of federal employment data released today by the Associated General Contractors of America.