The Home Builders & Remodelers Association recently conducted this report thru the NAHB to capture the effect of construction activity, the ripple impact and ongoing impact that results from new homes becoming occupied. Below is a detailed breakdown of each phase for the local wages & salaries side of this impact. We will continue to share this information, in parts, for you to know that our industry has one of the biggest roles in our local economy. This information is available to our members and will be shared with our municipalities in the near future. Wages & Salaries start turning around during the Ripple & Occupancy phases for: Communications ~ Utilities ~ Finance & Insurance ~ Real Estate ~ Personal & Repair Services ~ Eating & Drinking Places ~ Automotive ~ Entertainment ~ Health, Education & Social Services ~ Local Government ….. just around 9 months after the construction of the home begins, not a bad story or timeline. This supports a total of 383 jobs which averages out to $53k per person. Page 10
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