Surge of Industrial Project Activity in Pittsburgh May Overwhelm Local Labor
Attachment: piechart, demandhours, pittsburgh
SUGAR LAND, TEXAS--May 9, 2017--With the decline of Pittsburgh's steel mills and the rise of Pennsylvania's hydrocarbon economy, Pittsburgh may want to consider rebranding itself as "Hydrocarbon Heaven." Over the last decade, hydraulic fracturing and horizontal drilling has made huge deposits of Oil & Gas, once thought to be uneconomic, a staple of Pennsylvania's economy. And nowhere is that more evident than in Pittsburgh.
Companies also involved: Royal Dutch Shell (NYSE:RDS.A), Jacobs Engineering Group, Incorporated (NYSE:JEC)
Within this article: Info on the decline of Pittsburgh's steel mills and rise of Pennsylvania's hydrocarbon economy and expectations of ensuing results.
