Arizona construction wages among fastest-growing in nation

Article originally posted on Phoenix Business Journal on August 8, 2024

Arizona is one of the national leaders in construction wage growth, with Phoenix ranking as one of the top metros with the fastest-growing wage increases.

According to a report released by Construction Coverage, Arizona saw the No. 7 highest construction wage growth of any state with a 3.2% increase in mean earnings from 2018 to 2023, adjusted for inflation. Among the top large metros with populations in excess of one million, Tucson recorded a 5.7% increase in the same span — the seventh highest of any large metro in the United States. Metro Phoenix ranked No. 15 with a 3.2% growth.

Construction Coverage used data from the U.S. Bureau of Labor Statistics to determine the rankings.

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