| Employment & Economic Impact in 2009
More than 216,000 workers were employed by contractors, construction services and material suppliers in the state (private sector only, doesn't include government).
• 9.4% of the state's private sector workforce
• Total payroll of $11.4 billion
• 10.5% of total state non-government payroll
Construction sales were more than $27.1 billion in 2009.
• 15.3% of all sales in the state
• Down 26% from 2007 (only agriculture, forestry, and fishing have been hit harder)
For each $1 invested in new construction:
• The state's economy generates an additional $1.97 in economic activity throughout the state
• Household earnings are increased by 64 cents - all households, not just those with someone employed in the construction industry
For each $1 million invested in new construction, and additional 15.95 jobs are created across the economy.
Contributions to Government Revenues in 2009
• Construction industry businesses paid more than $1.7 billion to the state in sales and B&O taxes, 18.7% of all payments (local taxes not included).
State Sales Tax Payments
• Contractors, construction suppliers and service providers paid more than $1.4 billion in state sales taxes.
• Construction contribution:
22.2% of total state sales tax payments
• Other categories of sales tax payers:
10.5% auto dealers and gas stations
8.8% restaurants and bars
3.3% food stores
2.1% manufacturing
0.1% agriculture, forestry & fishing
• Additional local construction sales taxes were more than $500 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 more than $271 million in state B&O taxes (local B&O taxes are not included).
• Construction contribution:
10.1% of state B&O taxes paid
• Other categories of B&O tax payers:
3.7% auto dealers and gas stations
2.0% restaurants and bars
2.2% food stores
13.1% manufacturing
0.3% agriculture, forestry & fishing
|