| Employment & Economic Impact in 2006
On average almost 254,000 workers were employed by contractors, construction services and material suppliers in the state. • 10.8% of the state's private sector workforce • Total payroll of $11.6 billion • 11.6% of total state non-government payroll
Construction sales were almost $32.8 billion in 2006. • 19% of all sales in the state • 16% growth from previous year (almost twice that of all other sectors)
For each $1 invested in new construction: • The state's economy generates an additional $2.03 in economic activity throughout the state • Household earnings are increased by 73 cents - all households, not just those with someone employed in the construction industry
For each $1 million invested in new construction, and additional 23.7 jobs are created across the economy.
Contributions to Government Revenues in 2006 • Construction industry businesses paid more than $2.1 billion to the state in sales and B&O taxes, 21% of all payments (local taxes not included).
State Sales Tax Payments • Contractors, construction suppliers and service providers paid more than $1.8 billion in state sales taxes. • Construction contribution: 24.9% of total state sales tax payments • Other categories of sales tax payers: 12.5% auto dealers and gas stations 7.5% restaurants and bars 2.8% food stores 2.4% manufacturing 0.1% agriculture, forestry & fishing • Additional local construction sales taxes were more than $300 million. Only the broad category of retail sales businesses pays more sales tax than the construction industry.
State Business & Occupational Tax • Contractors, construction suppliers and service providers paid nearly $300 million in state B&O taxes (local B&O taxes are not calculated). • Construction contribution: 10.9% of state B&O taxes paid • Other categories of B&O tax payers: 4.7% auto dealers and gas stations 1.8% restaurants and bars 2.0% food stores 16.0% manufacturing 0.5% agriculture, forestry & fishing
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