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Kim_Gatley
Kim Gatley
S
enior Vice President & Director of Research at REOC San Antonio

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San Antonio leads Texas in construction job growth

big bite excavatorPent-up demand and uncertainty in the Eagle Ford Shale have pushed San Antonio to the top of the stack in terms of statewide construction employment growth.

According to a report from the Associated General Contractors of America, San Antonio posted the largest increase in construction employment in the year between August of 2014 and 2015 throughout the state of Texas. The mere fact that the city posted any jump, let alone one in the double-digits, is significant in that a majority of the state’s metros either posted low, single-digit increments or in some cases, decreases.

Over the 12-month period, the San Antonio-New Braunfels area posted a 10 percent increase in construction employment, putting the region in 26 of the country’s 339 metro areas. In comparison, Dallas saw a 3 percent increase, the Austin-Round Rock metro had a 0.2 percent jump, Fort Worth-Arlington dropped 8 percent, and Houston-The Woodlands-Sugar Land fell 2 percent.

So what does that mean for development in the city?

While San Antonio is still a ways away from becoming the busiest Texas market — Houston, Dallas-Fort Worth and Austin still lead the state, in that order — the city is becoming a more viable market, attracting craftsmen and laborers from other, less stable areas.

Kirk Kistner, Bartlett Cocke General Contractors’ vice president of business development, said that the firm is continuously hiring project managers, superintendents and estimators, and plans to keep adding to its workforce over the next year.

Population and job growth in San Antonio will be remain the main drivers behind demand for increased development, and neither of those two factors appear to be slowing their pace anytime soon.

Click to read entire article: San Antonio leads Texas in construction job growth (San Antonio Business Journal, 10-01-15)

 

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