Residential Construction Experiences Massive Growth Amid the Pandemic, Likely to Add 250,000 Jobs
Non-residential construction is taking a huge hit for obvious reasons in 2021, with many businesses not starting new builds with economic uncertainty. "New starts" drive spending in that area and their forecast to drop -11% to $410 billion, a decline of $50 billion, and is forecasted to drop 400,000 jobs.
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