From the penthouse to the outhouse — Phoenix construction jobs

Flickr photo
Flickr photo

Phoenix lost the most construction jobs of any metro area in the nation during the past year, according to data released Wednesday by the Associated General Contractors of America.

A decade ago, the area led the U.S. in homebuilding, but the metro Phoenix construction industry contracted by 6,900 jobs during the 12 months ending Sept. 30, 2014. A record gap in prices between new and existing homes is behind Phoenix’s homebuilding slump.

Houston had the biggest gain in building jobs — 13,500 during the 12 months.

Two hundred thirty-six metro areas posted gains in construction employment, 53 showed losses and the remaining 50 were flat for jobs.

Information from The Arizona Republic

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