Feds predict growth in Construction over next 7 years

January 22, 2015

The Federal Government's Bureau of Labor Statistics is predicting growth in Construction Industry jobs from 2012 through 2022. The Bureau is estimating growth of over $1.6M jobs, an annual rate of change of 2.6%.  The number of jobs increasing represents the largest number of jobs in any industry they categorize. Healthcare industries are growing at faster rates of growth, but are smaller in a nominal sense.

 

All of this is good news for the construction industry, which lost over 400,000 jobs in the 2002-2012 period. The growth in projects and jobs mean that people will need equipment financing and leasing for capital for those projects. Copley Funding is providing construction equipment leasing and can fund projects up to $250,000 and beyond. Call today!

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