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10/14/07
Real Estate: Weak housing market prompts construction jobs to tumble
Filed under: General, Business, Real Estate
Posted by: Lillian Wong @ 11:20 am

No surprise here, but construction employment is down dramatically in Arizona, driven in large part by the lagging housing market. According to Ken Simonson, chief economist for the Associated General Contractors of America, construction employment was down 3 percent in Arizona in August, compared with the previous year, while construction employment was up 4.5 percent in Utah, the largest gain among the 50 states.  More…

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