The housing market may be recovering, but some home builders are still picking up the pieces from declines in construction employment and cancellations. On average, states with government mandated construction shutdowns suffered the most, according to Construction Dive. Even if residential construction could continue, some builders saw sizable increases in cancellations through June in states with strict restrictions for other sectors of the economy. Find out the unemployment numbers for all 50 states.
The coronavirus crisis has had a negative effect on construction firms across the country but those working in a handful of states, especially those with government-mandated jobsite shutdowns, have been especially hard hit.
A look at government employment statistics and jobsite construction activity pinpoints the states that have been most impacted.
While the most recent Bureau of Labor Statistics' data shows deep construction job losses across the country since the start of the coronavirus pandemic, states including Michigan, Pennsylvania and Vermont experienced all-time lows. All but one state — South Dakota — had a decline in construction employment.
Related Stories
Demographics
Younger Generations Are Staying Away From the Housing Market—Here’s Why
Gen Zers and Millennials are most disadvantaged by a financial crisis caused by soaring inflation and stagnant wage growth, and as a result, many are boycotting a volatile housing market
Demographics
Why Millennials Still Trail Behind Baby Boomers in Today’s Housing Market
Millennials are losing out to Baby Boomers in the hunt for a limited supply of starter homes
Demographics
In the Race to Homeownership, Millennials Are Trailing Behind
Buying a home in today's high-cost housing market isn't a feat for the weak, and Millennial buyers who are making their first home purchase face the biggest challenges
