CONSTRUCTION EMPLOYMENT DECLINES IN 151 OUT OF 337 METRO AREAS BETWEEN NOVEMBER 2011 & 2012 WHILE NEW YORK METRO AREAS SUFFER LOSSES FROM SANDY

WASHINGTON, D.C. – January 08, 2012 – (RealEstateRama) — Construction employment declined in 151 out of 337 metropolitan areas between November 2011 and November 2012, increased in 126 and was stagnant in 60, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted that metro areas in New York and New Jersey in particular experienced significant construction declines in the first full month after Hurricane Sandy.