SMU Data and Models
June 4, 2018
Employment Up in Manufacturing, Construction
Written by Peter Wright
In the last 12 months, manufacturing employment has grown by 2.1 percent and construction employment by 4.1 percent, according to Bureau of Labor Statistics data—both positive indicators of future steel sales.
Table 1 breaks total employment down into service and goods-producing industries and then into private and government employees. Most of the goods-producing employees work in manufacturing and construction and the components of these two sectors of most relevance to steel people are broken out in Table 1.
