ARTBAARTBA
Government AffairsEconomics and ResearchLegal AdvocacyNewsARTBA StoreHome
Meetings and EventsJoin ARTBAMembers-OnlyFoundation ProgramsAbout ARTBASearch/Site Index/Industry Links


Home > News > Press Releases > June 17, 2008



ARTBA-endorsed Business Insurance Program from CNA

TranspoLink - Serving Transportation Construction

ARTBA StoreNational Work Zone Safety Clearinghouse

ARTBA's Safety Program

PRIDE in Transportation Construction

PRIDE in Transportation Construction

 

Transportation Construction Employment
Declines, Mirroring Other Sectors

ARTBA Monthly Analysis Shows
3.6 percent drop over 2007 levels

Contact:    
Jeff Solsby
ARTBA
202-289-4434



Print this page

Washington, D.C. [June 17, 2008]Employment in highway and bridge construction fell by 3.6 percent in April 2008 compared to the same month one year ago, according to a monthly economic analysis released June 9 by the American Road & Transportation Builders Association (ARTBA).

Data for the month of April, the latest month available, indicate 318,100 workers were employed by highway and bridge contractors—down 7,100 from April 2007 levels.

The ARTBA “Transportation Construction Industry Employment” report noted several positive developments.  Employment in the construction machinery segment grew 5.6 percent in the same period.  The average April hourly wage of workers in the transportation construction segment continues to rank above non-transportation construction jobs.

The hourly wage for transportation construction workers climbed from $20.42 in April 2007 to $21.64 in April 2008.  Average weekly earnings rose seven percent from $833.14 to $891.57 in the same period.

An ARTBA economist said several broad factors continue to affect the contracting climate.  During the first quarter of 2008, contract awards were down for highway, bridge and airport projects, despite a marked increase in contracts for subway and light rail projects.  Construction material costs have skyrocketed 55 percent since 2003.

“The decrease in employment reflects overall market trends,” said Alison Black, an ARTBA vice president of policy and economist.  “Although the nominal value of highway and bridge construction work was up three percent in April 2008 compared to April 2007, the real value has been adversely impacted by higher material prices.  These are the factors that drive employment.” 

ARTBA, founded in 1902, is the only national association that exclusively represents the collective interests of all sectors of the U.S. transportation construction industry.

###

EDITORS NOTE:  A complete copy of the ARTBA “Transportation Construction Industry Employment” report is available in the “Economics and Research” section of www.artba.org.

 

Government Affairs | Economics & Research | Legal Advocacy | News | ARTBA Store
Meetings & Events | Join ARTBA | Members-Only | Foundation Programs
About ARTBA | Search | Site Index | Industry Links | Home



ARTBA - Copyright ARTBA - Privacy Guidelines Reaching Us ARTBA - Copyright