Residential Construction Is Recovering Faster Than Non-Residential Construction

Residential Construction Is Recovering Faster Than Non-Residential Construction

NAHB — Job gains slowed sharply in November as the COVID-19 surge continued. Nonfarm payrolls increased by 245,000 in November, and the unemployment rate fell to 6.7%. Total construction industry (both residential and non-residential) employment totaled 7.4 million in November. Residential construction employment rose by 15,400 in November to 2.9…
Source: Working Forest
Residential Construction Is Recovering Faster Than Non-Residential Construction