First residential construction tanked and then commercial construction tanked in Maricopa County AZ.
Maricopa County lost almost of one-third of its construction jobs and 11.5 percent of its business services positions between March 2008 and March 2009, according to first-quarter jobs data from the U.S. Bureau of Labor Statistics.
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Whizzer 10.22.09 at 9:15 pm
…and every completed commercial project creates more unemployment. Additionally it is easy to overlook the myriad benefits to many different businesses when these projects are going up.
Other than a few pockets of residential activity ie. Desert Ridge, Phoenix will likely become a construction ghost town for a time.