U.S. Gulf Coast Remains Strong Ground for Industrial Project Activity
SUGAR LAND--March 20, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite the slowdown in industrial projects that many seem to be expecting, the U.S. Gulf Coast Region remains an area of strong project activity. The development of several large-scale mega projects continues to push the region toward increasing industrial construction and a tightening craft labor market.
The most recent update of Industrial Info's Gulf Coast Craft Labor Market Analysis forecasts that labor demand in the Gulf Coast region in 2017 will peak at approximately 189 million craft labor hours for professions including ironworkers, welders, pipefitters, boilermakers and more.
Industrial Info's Gulf Coast Region Labor Market Analysis provides subscribers detailed insight into the craft labor market for 11 metropolitan regions along the Gulf Coast from Brownsville, Texas, to Pascagoula, Mississippi. Information regarding wages and capital and maintenance spending reaches back to 2012 and is forecast out to 2020, based on Industrial Info's extensive research into plant and project activity, and wage rates for 12 skilled craft trades.
For additional information, please call or email Tony Salemme, vice president of Industrial Info's Craft Labor Group, at (209) 547-9878 or tsalemme@industrialinfo.com.
