TIMESLEDGER | Q 22 NS.COM | MAY 28-JUNE 3, 2021
BTEA NY IS LEADING THE WAY TO
BUILDING BACK OUR ECONOMY
The COVID-19 pandemic put New York in an unprecedented economic crisis:
$9.8 BILLION
IN LOST CONSTRUCTION ACTIVITY
$5.5 BILLION
IN WAGES
74,000
JOBS
The Building Trades Employers Association, in partnership with Rebuild
Renew New York, is proud to announce a new study that further proves our
industry will serve as a catalyst in revitalizing New York’s economy.
The unionized construction industry is a gateway to the middle class,
creating thousands of good paying jobs by building with a diverse workforce:
Each $1 million spent on construction creates a total of eight jobs in NYC
BTEA has 177 MWBE contractors, more than any contractor association in NYS
The NYC building trade union workforce employed by BTEA contractors are
55% minority and women
Black union construction workers earn 36.1% higher wages than black
non-union construction workers
Latino union construction workers earn 52.7% higher wages than Latino
non-union construction workers
To view our study and to learn more on how the unionized
construction industry will lead the way, visit:
WWW.REBUILDRENEWNY.COM
LOUIS J. COLETTI
PRESIDENT AND CEO
/NS.COM
/WWW.REBUILDRENEWNY.COM
