## FAQ

### 1. How many people work in the residential construction industry in the United States?
As of October 2024, about 3.4 million people work in the residential construction industry in the United States, with 957,000 builders and 2.4 million residential specialty trade contractors.

### 2. Which metro area in the United States has the highest employment concentration in the residential construction industry?
Cape Coral-Fort Myers, FL, has the highest employment concentration in the residential construction industry with a Location Quotient (LQ) of 3.99.

### 3. Which region reported the lowest employment and establishment LQs in the residential construction industry?
Metro areas in the South reported the three lowest employment LQs and establishment LQs in the residential construction industry.

### 4. How do Location Quotients (LQs) help evaluate the concentration of the residential construction industry in local areas?
Location Quotients (LQs) are ratios that compare the concentration of the residential construction industry within a metro area to the concentration of the industry nationwide, providing insight into employment and establishment concentration in local areas.

## Conclusion

The residential construction industry in the United States is a major driver of economic growth, job creation, and community development. Metro areas with higher concentrations of employment and establishments in the residential construction industry play a significant role in shaping local economies and improving infrastructure. Understanding the geographical distribution of this industry can help policymakers, businesses, and individuals make informed decisions regarding investment, workforce development, and economic planning.