Construction Slows Amid Attacks, Economy Woes
California construction activity dropped sharply in the wake of terrorist attacks and a weakening economy, according to the Construction Industry Research Board.
Construction volume in September totaled $4.2 billion, down 25.8% from the previous month, according to the research group. Private sector construction of homes and commercial buildings was hardest hit, falling by 31%.
Meanwhile, construction employment in September averaged 758,900, down 6,700 from August and the lowest level in 11 months.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
