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Most Popular HeadlinesSalt Lake City’s economy should pick up steam mid-way through 2009 Boeing and Microsoft should power Seattle through 2009 Military Spending will Backstop the Virginia Beach–Norfolk economy in 2009Salt Lake City’s economy should pick up steam mid-way through 2009
Despite the sustained growth of its services sector, employment growth in Salt Lake City almost stalled in August. In that month, it increasd by a marginal 0.4% year over year, down from 4% year over year in December 2007. This figure represents the weakest showing for employment growth since the end of 2003. By far the major contributor to this sharp deterioration in employment was a 5,100-job drop in construction employment, brought on by the collapse of the metro area’s housing market. Four sectors have added jobs over the past year: education and health services (+5.1%); leisure and accommodation (+2.0%); government administration (+1.6%); and transportation services (+1.2%). New house construction will probably remain in the doldrums well into 2010, … Regional Forecasts Available from Reed Construction Data Reed Market Fundamentals
Keep a pulse on your metropolitan market in a quarterly report covering five-year forecasts of industry and economic performance. Each comprehensive market report contains written analysis of current metro trends including economic and demographic data, metro-level forecasts of new construction supply, demand, and vacancy rates, and a listing of major projects in the development pipeline.  CanaData Construction Starts
A monthly analysis of construction start activity across Canada and by region, the construction starts product provides accurate and complete information, ahead of government statistics, on square footage totals, number of units, dollar value and percentage change over the year. |
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