Construction activity is a boon for cities and towns. A recent commitment by the Maricopa Association of Governments (MAG) to add $1.25 billion in projects to its long-range regional transportation plan will be a significant economic driver in Greater Phoenix.
An article on KJZZ radio’s website cited economic modeling performed by a professor at George Mason University that determined every $1 billion spent on non-residential construction creates an economic impact of $3.4 billion.
According to the study, the latest MAG commitment should support about 28,500 direct and indirect jobs. Direct jobs include construction and administrative workers. Indirect jobs include work tied to equipment and materials as well as financial services.
MAG, a council of governments that serves as the regional planning and policy agency for the metropolitan Phoenix area, has $5.7 billion in transportation spending planned.
Greater Phoenix is one of many markets Sundt serves in the Southwest. Anyone interested in starting or continuing a career in construction should visit our careers page.