Nevada’s construction industry has long been one of its most important, driving employment and fueling economic activity in support of the state’s fast-growing population. The sector was hit the hardest during the economic downturn, losing more than half of its job base as homebuilding and other construction demands dwindled. However, in recent years the sector has rebounded, posting strong gains among several key indicators as the state’s demand for homes, shopping outlets, tourism amenities and other construction projects has been revived with the overall improvement in the state economy.

At its peak in 2006, the construction industry employed nearly 143,000 people, or about one in 10 working Nevadans. In the ensuing six years, the collapse of the housing market and the economy as a whole triggered the loss of about 91,000 construction jobs, which accounted for roughly two-thirds of all job losses in the state during that period. Yet since the end of 2012, construction employment has grown four consecutive years either at or near double-digit annual rates, adding 19,200 new jobs through March 2016 on a trailing 12-month basis. That gain represents one in every six new jobs in the state over that time.

Click here to download the report and read more.