January 03, 2011
The impact of the U.S. housing bubble and bust on employment, 2001–09
Percent change in nonfarm payroll employment, select industries, 2001-09
| Industry |
Percent change |
| 2001-06 |
2006-09 |
Construction |
|
|
Residential specialty trade contractors |
29.7 |
-32.0 |
Heavy and civil engineering |
3.4 |
-14.0 |
Residential buildings |
29.1 |
-36.6 |
Manufacturing |
|
|
Construction machinery |
9.0 |
-13.3 |
Cement and concrete products |
5.1 |
-24.4 |
Wood products |
-2.7 |
-35.5 |
Trade |
|
|
Retail |
|
|
Building material and garden supply stores |
15.0 |
-12.2 |
Furniture stores |
6.1 |
-25.0 |
Wholesale |
|
|
Lumber and construction supply |
19.8 |
-22.3 |
Financial activities |
|
|
Mortgage and nonmortgage loan brokers |
119.5 |
-54.5 |
Real estate credit |
52.0 |
-44.0 |
Real estate |
|
|
Offices of real estate agents and brokers |
28.7 |
-18.5 |
These data featured in the TED article, The impact of the U.S. housing bubble and bust on employment, 2001–09.
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