1/1/2014
1/1/2014
work2future
Snapshot of The Construction Sector in Santa Clara County
The Construction Sector in Santa Clara County
Recovery and Growth
In a sign the recovery has broadened beyond high tech, Santa Clara County added
5,500 Construction jobs from December 2012-December 2013, bolstered by gains
in specialty trade contractors, up by 4,800 jobs, or 18.0 percent over the year.
The biggest construction project (BART) in Silicon Valley is under way along a
16-The biggest construction project (BART) in Silicon Valley is under way along a 16
mile corridor that straddles three cities. The work involves hundreds of construction
workers, dozens of trades and billions of dollars. Getting from the existing Fremont
station to the new Warm Springs station in Fremont -- the first leg -- will cost $890
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million. The next phase to open, from Warm Springs to San Jose's Berryessa
district, is slated to cost $2.3 billion creating hundreds of more jobs.
“New construction is projected to exceed 10.0 million square feet in the next several
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years. Markets such as Silicon Valley, San Francisco Peninsula, Portland, New
Jersey and Denver are each targeting the completion of 1.0 million square feet or
more of projects. Silicon Valley alone will account for more than 24% of the total
new developments in the next four years”
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The Construction Sector in Santa Clara County
In the News
Downtown San Jose picked up two
Bass Pro Shops agrees to huge
Downtown San Jose picked up, two
high‐profile towers selling in the
final weeks of the year.
Bass Pro Shops agrees to huge,
145K sq. ft. San Jose lease.
Nvidia Corp.'s striking campus
plans in Santa Clara,
Apple Campus 2, aka the spaceship,
approved; early construction starts
Growing Google: Google accounted
for three of the top 10 leases this
year
Samsung Semiconductor, Facebook
Inc. have projects under
construction.
year.
Google airport landing in San Jose:
Signature Flight Support, a major
fixed base operator (aka private plane
Growing Google: Google accounted
for three of the top 10 leases this
year.
fixed‐base operator (aka private plane
storage and gas supplier) will build
the $82 million facility on 29 acres.
Signature hopes to begin construction
next month.
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Santa Clara County: Construction
Construction Highlights
Construction employment in Santa Clara County has increased from 3.8% of all jobs in 2000 to 5.0% in 2010 and 4.9% in 2013.
30 128 30 977 35,000
Employment Change in Construction
Subsectors in SCC
The sector experienced a -7.2% decrease between 2008 and 2013 but the recovery is in process. Since 2010, the sector has experienced a 8.7% increase in employment. Between December 2012 and December 2013 the County added 5,500 new jobs.
11,221 12,535 12,700 29,251 30,128 30,977 10 000 15,000 20,000 25,000 30,000 , Construction of Buildings Heavy and Civil Engineering C i
There were 7,214 businesses and 43,916 people employed in the construction industry in Santa Clara County in 2010. These numbers increased to 8,489 businesses and 47,725 people in March 2013. 3,444 4,076 4,048 0 5,000 10,000 2010 2012 2013 Construction Speciality Trade Contractors 12,700 27%
Construction Industry Subsectors in SCC 2013
Construction of Buildings 20% 13.18% 17.54%Change of Growth in Construction
Subsectors in SCC
2012‐2013 2010 2013 27% 4,048 8% 30,977 65% Buildings Heavy and Civil Engineering Construction Speciality Trade C 0% 5% 10% 15%Construction of Heavy and Civil Speciality Trade 1.32% ‐0.69% 2.82%
13.18%
5.90%
2010‐2013
Contractors ‐5% Construction of Buildings Heavy and Civil Engineering Construction
Speciality Trade Contractors
Santa Clara County: Construction
Construction Highlights
Construction industry comprises 5.1 % of all jobs in Santa
Clara County. Within the construction industry, Santa Clara
County had the highest employment concentration in
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Heavy and civil engineering construction sector has grown
specialty
trade
contractors
(30,977);
followed
by
construction of buildings (12,700) and heavy and civil
engineering construction (4,048) sectors. These sectors
constitute 64.9%; 26.6% and 8.5% of construction jobs
respectively.
Heavy and civil engineering construction sector has grown
by 17.5% over the last three years and has shown almost no
change over the last year. Highway, street, and bridge
construction (1,288) and water and sewer line and related
structures
construction
(1,186)
comprise
the
highest
employment concentration in this sector. Over the last three
Specialty trade contractors has grown by 5.9% over the last
three years and 2.8% over the last year. The sector had the
highest employment concentration in the subsectors of
electrical contractors and other wiring installation contractors
(8 695; 18 2%) and plumbing heating and air-conditioning
years, these subsectors have gained +279 and +184 new
jobs respectively.
Specialty Trade Subsector in SCC 2013 March
(8,695; 18.2%) and plumbing, heating, and air conditioning
contractors (7,329; 15.3%) in march 2013. Over the last
three years, these subsectors have gained +825 and +1,318
new jobs respectively.
Construction of buildings sector has grown by 13.2% over
8,695 (+825) 7,329 ( +1,318) 2,525 (‐13) 2,440 (‐9) 2,220 (+77) Electrical Contractors and … Plumbing, Heating, and Air‐… All Other Specialty Trade … Poured Concrete Foundation … Painting and Wall Covering … Employment March 2013
the last three years and 1.3 % over the last year. New
single-family housing construction constitutes majority of the
jobs in this sector (6,297) and it is followed by commercial
and institutional building construction (2,947). Over the last
three years, the biggest employment change has happened
in the ne
single famil
ho sing constr ction s bsector
2,001 (‐665) 1,364 (+108) 1,033 (‐48) 0 2,000 4,000 6,000 8,00010,000 Drywall and Insulation … Roofing Contractors Framing Contractors 2013 The numbers in parenthesis represent the number of jobs gained or lost between
in the new single-family housing construction subsector
(+1,512 new jobs) in the construction industry.
Santa Clara County: Construction
Electrical Contractors and Other Wiring Installation Contractors 825, 1.56, 8,695 1.80 2.00Construction SCC 2010‐2013
The three numbers underneath each industry title represent the number of jobs gained or lost (x‐axis), the employment concentration (LQ) (y‐axis)and the employment size (bubble size)Plumbing, Heating, and Air‐ Conditioning Contractors 1,318, 1.22, 7,329 Poured Concrete Foundation and Structure Contractors ‐9, 1.32, 2,440 1.40 1.60 employment size (bubble size) Painting and Wall Covering Contractors 77, 0.98, 2,220 New Multifamily Housing Construction ‐76, 1.00, 1,433 1.00 1.20 All Other Specialty Trade Contractors ‐13, 0.78, 2,525 Drywall and Insulation Contractors ‐665, 0.99, 2,001 Roofing Contractors108, 0.90, 1,364 0.60 0.80 New Single‐Family Housing Construction 1512, 0.84, 6,297 Commercial and Institutional Building Construction 83, 0.66, 2,947 0 20 0.40 0.00 0.20 ‐1,500 ‐1,000 ‐500 0 500 1,000 1,500 2,000
Santa Clara County: Construction
Construction Highest Employment Gain
in 2010‐2013
Construction Highest Employment Loss
in SCC 2010‐2013
279 825 1,318 1,512Highway Street and Bridge Electrical Contractors and Other … Plumbing, Heating, and Air‐… New Single‐Family Housing … ‐665 ‐95 Drywall and Insulation Contractors Industrial Building Construction
New Multifamily Housing
108 179 184 279 Roofing Contractors Power and Communication Line … Water and Sewer Line and Related … Highway, Street, and Bridge … ‐76 ‐53 48 New Multifamily Housing Construction (except For‐Sale … Flooring Contractors Framing Contractors 68 77 83 Site Preparation Contractors Painting and Wall Covering … Commercial and Institutional … ‐48 ‐29 ‐17 Framing Contractors Land Subdivision Finish Carpentry Contractors 49 55 62 Other Foundation, Structure, and … Residential Remodelers Other Building Finishing Contractors ‐16 ‐13 Masonry Contractors Glass and Glazing Contractors 12 38 0 400 800 1,200 1,600 Other Building Equipment … Tile and Terrazzo Contractors ‐13 ‐700 ‐600 ‐500 ‐400 ‐300 ‐200 ‐100 0 All Other Specialty Trade Contractors
Santa Clara County: Construction
Electrical Contractors and Other Wiring Installation Contractors 507, 1.56, 8,695 Poured Concrete Foundation and 1.80 2.00Construction SCC 2012‐2013 March
Structure Contractors 16, 1.32, 2,440 1.40 1.60 Plumbing, Heating, and Air‐ Conditioning Contractors 452, 1.22, 7,329 Drywall and Insulation Contractors 49, 0.99, 2,001 New Multifamily Housing Construction ‐84, 1.00, 1,433 1.00 1.20 New Single‐Family Housing Construction 177, 0.84, 6,297All Other Specialty Trade ‐126, 0.98, 2,220 Roofing Contractors 16, 0.90, 1,364 0 60 0.80 Commercial and Institutional Building Construction 214, 0.66, 2,947 All Other Specialty Trade Contractors ‐72, 0.78, 2,525 , , , 0.40 0.60 The three numbers underneath each industry title represent the number of jobs gained or lost (x‐axis), the employment concentration (LQ) (y‐axis)and the employment size (bubble size) 0.00 0.20 ‐300 ‐200 ‐100 0 100 200 300 400 500 600 700
Santa Clara County: Construction
507 Electrical Contractors and Other
Construction Highest Employment Gain
in SCC 2012‐2013
126 Painting and Wall Covering
Construction Highest Employment Loss
in SCC 2012‐2013
214 452 507 Commercial and Institutional Building Construction Plumbing, Heating, and Air‐ Conditioning Contractors Wiring Installation Contractors ‐126 ‐84 ‐72 ‐64 Painting and Wall Covering … New Multifamily Housing … All Other Specialty Trade Contractors Land Subdivision 112 177 Power and Communication Line and Related Structures Construction New Single‐Family Housing Construction (except For‐Sale … ‐61 ‐57 ‐29 Industrial Building Construction New Housing For‐Sale Builders Other Heavy and Civil Engineering … 16 16 49 Framing Contractors Roofing Contractors Drywall and Insulation Contractors ‐28 ‐24 ‐21 Water and Sewer Line and Related … Residential Remodelers Masonry Contractors h d d 15 16 Other Building Finishing Contractors Poured Concrete Foundation and Structure Contractors ‐16 ‐13 ‐10 ‐140 ‐120 ‐100 ‐80 ‐60 ‐40 ‐20 0 Highway, Street, and Bridge … Other Foundation, Structure, and … Finish Carpentry Contractors 14 0 100 200 300 400 500 600 Site Preparation Contractors 140 120 100 80 60 40 20 0Butte County
California
Santa Clara County: Construction
Construction Industry Employment Concentration SCC 2013
March
The
accompanying
figures
reveal
which construction subsectors are
strong in Santa Clara County relative
to California. These sectors, if lost,
would constitute the greatest impact
Electrical Contractors and Other Wiring Installation Contractors Plumbing, Heating, and Air‐Conditioning Contractors Poured Concrete Foundation and Structure 1.56 1.22
1.32
would constitute the greatest impact
on the local construction economy.
Drywall and insulation contractors
subsector
has
lost
the
highest
Contractors Flooring Contractors Other Building Finishing Contractors 1.32 1.27 1.58
g
amount of jobs within the industry
(-665 jobs) over the last three years.
New Housing For‐Sale Builders Water and Sewer Line and Related Structures
Construction
Tile and Terrazzo Contractors
1.26 1.09 1.13 Tile and Terrazzo Contractors Power and Communication Line and Related Structures Construction Glass and Glazing Contractors 1.17 1.01 0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.60 New Multifamily Housing Construction (except For‐Sale Builders) 1.00