20
Construction Activity Index - Q1-2021. © 2021 Viewpoint, Inc. All Rights Reserved.
» Heavy highway had a large hiring spree in March, which is typical
for the vertical, followed by a -1% decline in employment in the
fourth quarter over the previous year.
» Pending projects for heavy highway corresponded with the hiring
spree seen in March. However, pending projects were still down 25%
year-over-year.
» Heavy highway contract values were down 15% in the fourth quarter,
for a year-over-year decline of 30%.
» In 2020, heavy highway employees had higher tenure (5.16 years)
as compared to 4.4 years for speciality contractors and 3.5 years for
general contractors.
Key Takeaways by Vertical
Heavy Highway
38%
IN THE FOURTH QUARTER
EMPLOYMENT DECLINE OF
