Wage

Increase

Demand

Elasticity

Total Construction

Excl. Other Trades

Contractors +

Supervisors

Construction

Trades

Other

Trades

Helpers

Construction

10%

31%

$18,782,114

$4,783,638

$6,881,291

$22,785,004

$7,117,185

15%

$9,088,120

$2,314,663

$3,329,657

$11,025,002

$3,443,799

53%

$32,293,118

$8,224,771

$11,831,380

$39,175,508

$12,236,967

75%

$45,501,185

$11,588,748

$16,670,482

$55,198,511

$17,241,955

20%

31%

$75,128,455

$19,134,551

$27,525,163

$91,140,018

$28,468,741

15%

$36,352,478

$9,258,654

$13,318,627

$44,100,009

$13,775,197

53%

$129,172,472

$32,899,083

$47,325,522

$156,702,030

$48,947,867

75%

$182,004,740

$46,354,994

$66,681,927

$220,794,043

$68,967,820

Average

$66,040,335

$16,819,888

$24,195,506

$80,115,016

$25,024,941