Florida's battered construction market has begun to stabilize, according to an employment report by the Associated General Contractors. The number of jobs increased 0.8% in June versus the same month a year ago. But the news isn't rosy in all states: Arizona has shed 13,800 in the 12 months through June. "It is encouraging to see some states adding construction jobs and the declines in others getting less severe," said AGC chief economist Ken Simonson. "But there's little room to celebrate, with overall construction employment at a 14-year low and demand for most constructions services still weak."

Related Summaries