As the Tampa Bay area continues to show strong growth, this is reflected in the strength of the construction industry in the region.
Total construction employment topped 140,000 in Tampa Bay in 2025, according to data from the Bureau of Labor Statistics. This represents an increase of nearly 40% over the last 10 years.
The construction employment growth was especially high in both Manatee and Pasco, which saw an increase of 53% and 49%, respectively. Despite this growth, Hillsborough has the highest number of construction employees at over 52,000 and is home to more than 36% of the construction employment in the region.
The GDP from the construction industry topped $20 billion in 2024 using current dollars, according to the Bureau of Economic Analysis. When considering Real GDP, which is chained to 2017 dollars in order to account for inflation, the Tampa Bay area saw a 47% increase in GDP from construction over the last 10 years.