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Thursday, Mar 28, 2024
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County Construction Contracts Up 20 Percent Through October

The value of San Diego County’s contracts for future construction rose 20 percent from a year ago in the first 10 months of 2014, topping $3.4 billion, according to the latest data from McGraw Hill Construction.

The region saw $2.5 billion worth of nonresidential contracts awarded in the January-to-October period, up 79 percent from the same year-ago period. Residential contracts declined 37 percent, to $910.9 million.

Nonresidential projects include education, healthcare, hotel, retail, office and other commercial buildings. The residential category includes single-family and multifamily housing.

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