Despite a severe labor shortage and a cooling housing market in areas like Dallas, Houston has remained a venerable hotbed for construction. Houston currently leads the nation in jobs added over the last year, and the burgeoning city is primed to continue growing thanks in part to its close proximity to water, talented sports teams, and growing economy. Houston is primed for success, and its ability to sustain growth in the construction sector is a testament to its population explosion over the last decade. Simply put, people want to live in Houston.
A larger population means more opportunities for contractors to work on commercial and residential building projects. Tackling a larger volume of projects exposes you to more potential legal disputes. Fortunately, partnering with a Houston construction attorney from Cotney Law gives you access to a legal professional who can assist you with various services including license defense, dispute resolution, bond law, corporate transaction law, OSHA defense, contract negotiation, lien law, and more.
Houston added 29,500 jobs from September 2017 to September 2018. This 14 percent increase led all other cities in the United States. Year over year, Houston’s continued growth has positioned the city in the limelight. What makes Houston such an attractive location for builders? Among other major cities in Texas like San Antonio and Dallas, Houston sets itself apart by:
- Hosting citizens who dine out more than any other city.
- Being the home of the world’s largest medical center, the Texas Medical Center.
- Accommodating the fourth largest city population in the United States.
Comparing Houston to Other Major Cities in the United States
Houston isn’t the only city in the United States that has experienced an influx of construction jobs over the last year. The following cities have also benefited from a growing pool of construction workers:
- Phoenix added 14,600 jobs and grew by 13 percent.
- Dallas added 14,100 jobs and grew by 10 percent.
- Orlando added 12,300 jobs and grew by 17 percent.
- Midland added 6,600 jobs and grew by 23 percent.
“Many construction firms are expanding their headcount as they benefit from favorable market conditions. The question is whether conditions will remain positive amid a growing trade dispute with China and turbulent stock market conditions,” said Stephen E. Sandherr, chief executive officer of the Associated General Contractors of America (AGC) in a news story posted to the AGC website.
Houston is at the forefront of this expansion, and unless conditions change drastically in the near future, the growth of the fourth most populous city in the country will remain consistent on its positive trajectory.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.