The construction boom is in full force, with a 19 percent increase in construction contracts awarded in South Florida through the first nine months of 2014, according to McGraw Hill Financial.
There were $6.02 billion in construction contracts handed out in the tri-county region, up from $5.06 billion in the same period a year ago. Most of that was on the residential side, where condo towers and apartment projects are proliferating, which saw a 30 percent increase, to $3.96 billion.
Commercial construction grew just 2 percent, to $2.05 billion.
All this construction has helped the labor market in that industry.
South Florida accounted for 21.9 percent of the total construction projects awarded in Florida. Statewide growth was 11 percent.