In Mass­a­chu­setts, remod­eling activity could be helping to sta­bi­lize con­struc­tion employ­ment, which has fallen about 30 per­cent from its pre­re­ces­sion peak, said Alan Clayton-​​Matthews, an econ­o­mist at North­eastern Uni­ver­sity. The Mass­a­chu­setts con­struc­tion industry expe­ri­enced a small bounce in employ­ment from the fed­eral government’s stim­ulus spending a few years ago, but those dol­lars have since dried up. The surge in remod­eling may be cre­ating new jobs to offset those lost after the demise of stim­ulus spending, he said.

Read the article at The Boston Globe →