Modest Employment Gains in April as Industrial Construction Starts Take Off
Posted on May 07, 2012 at 04:29 AM EDT
SUGAR LAND--May 4, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--The mild winter experienced recently in the U.S. has had some unforeseen consequences in terms of unemployment numbers and industrial construction starts. The overall unemployment situation in the U.S. has been improving gradually for the last year, but the rate at which it has improved has slowed recently, whereas industrial construction starts were robust through the prime construction periods during the last year, but slowed momentarily during the winter months before picking up earlier than expected. For the second straight month, the new jobs numbers have been slower than expected, while industrial construction starts have been taking off.
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