Analyze This
-65,000
Number of jobs lost in the construction field in August. With monthly losses averaging 117,000 over the six months ending in April, employment in the construction industry has contracted by 1.4 million since the onset of the recession. However, starting in early 2009, the larger share of monthly job losses shifted from the residential sector to the non-residential and heavy construction segments.
Source: U.S. Bureau of Labor Statistics
$127
Billion
Projected worth of the water/wastewater market this year, a 2.4% increase over 2008 figures.
Source: “Environmental Business Journal/ZweigWhite WaterView Report,” ZweigWhite
60%
Percentage of CO
Source: Electric Power Research Institute (EPRI)
-3.%
Percentage decline in single-family housing starts in August. At a rate of 479,000 units, production of new single-family homes slowed, after showing five months of improvement. According to the NAHB, builders are pulling back on new construction because the $8,000 first-time home buyer tax credit is set to expire at the end of November.
Source: National Association of Home Builders (NAHB)
30%
Percentage tax credit the American Recovery and Reinvestment Act allows for investment in new renewable energy manufacturing facilities as well as retooled or expanded facilities.
Source: American Wind Energy Association
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© 2012 Penton Business Media, Inc.
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