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CONSTRUCTION
(15 - 17)

Construction employment slowed from the past three years gaining only 5040 employees for an increase of 5.2%. Increases in 1993 and 1994 were better than 11,000 and 1992's increase was almost 8000. High growth in previous years can be attributed to low interest rates and work on Denver International Airport, which for the most part, was completed in February 1995.

General Building gained 189 employees over the year. This increase is extremely low when compared to the gain of over 3000 last year, 2200 in 1993, and 1500 in 1992. Increasing interest and mortgage rates hurt this sector. Residential Building, however, leads Nonresidential Building. Most gains in General Building occurred in the Balance of State with most growth in counties affected by the ski trade such as Pitkin, Gunnison, Ouray, Routt, San Miguel and Summit.

Employment in Special Trades constitutes a little better than 66% of the Construction industry. Its increases have been very strong and are the leading growth sector of the Construction industry. Employment grew 7.6% over last year adding 4793 employees. In previous years, employment growth was higher but propelled by Denver International Airport building. The three largest growing components of Special Trades, each with more than 900 employees, are: Concrete Work, Electrical Work and Plumbing, Heating & Air Conditioning. Growth in Special Trades was almost equally divided between Metro Denver and Balance of State. Within Metro Denver, Jefferson county added 659 employees and Arapahoe 635. Within Balance of State, El Paso county up 607 employees experienced the largest gain.

 19911992199319941995
Statewide66,75274,69885,90697,018102,058
Metro Denver35,40940,66646,78150,60953,132
Bal. of State31,34334,03239,12546,40948,926



Colorado Employment and Wages (ES202) Annual Average 1995