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Utah Construction Industry Rebounds

Construction jobs in Utah are expected to grow at a compound annual rate of 2.6 percent through 2022, according to the Bureau Labor of Statistics projections

March 17, 2015

Source: Deseret News via Utah Department of Work Force Services

 

 

Construction jobs in Utah are expected to grow at a compound annual rate of 2.6 percent through 2022, according to the Bureau Labor of Statistics projections. 

The Utah Department of Workforce Services reported that the largest private sector employment increases for January 2015 were in trade, transportation and utilities — adding 12,500 jobs. Professional and business services added 10,200 jobs and construction added 6,300 jobs. The fastest employment growth occurred in construction at 8.9 percent, professional and business services at 5.7 percent and financial activities at 5.2 percent.

The growth is fueled mainly by the increased demaned for industrial and commercial space. Major construction projects that are currently driving the industry include the Utah Department of Transportation and the Salt Lake City Airport expansion.

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