Citing recent data from the Bureau of Labor Statistics, the NAHB’s Eye on Housing reports that, year-over-year, 17 states recorded annualized job growth above 1.5% while 31 states (+DC) had job growth between 1.4% and -0.2%. In addition, non-farm payroll employment increased in 40 states (plus the District of Columbia) and decreased in 10 states. This data points to strong job grown in the South and Western U.S. with only 2 states actually losing employment, North Dakota and Alaska. Interestingly, employment gains across these areas track with regional population growth rates.
Click here to read the full story on the NAHB’s Eye on Housing Blog.
