Further upgrades and rehabilitation spending on power

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Unformatted text preview: Construction Sector, but this activity is significant. Utilities, including Xcel Energy and Black Hills Energy, are making substantial investments in Colorado. Total infrastructure starts in 2012 will increase levels by 7.4%, to $2.2 billion. 131.3 -18.9 Employment a 115.1 -12.3 b 111.1 -3.5 114.0 2.6 Seasonal fluctuations require significant smoothing adjustments. Recessionary levels have taken employment from averages of 168,000 in 2006 and 2007, down to the 111,100 jobs estimated in 2011, a decline of 3.5% for the year. Look for gains in 2012, even if large nonbuilding projects are delayed, because multifamily construction tends to be more labor-intensive. Average 2012 Construction employment is forecast at 114,000. 2010 2011 2012c a Revised. b Estimated. c Forecast. Sources: U.S. Department of Labor, Colorado Department of Labor and Employment, Bureau of Labor Statistics, and Colorado Business Economic Outlook Committee. Although federal PAGE funds for traditional water ARRA 29 and wastewater projects have been fully spent, and the budgets of many water and sewer providers are down, a few...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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