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Tuesday, Jul 23, 2024
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County Construction Starts Down 17 Percent for First 7 Months of 2017

Following a third consecutive month of declining activity compared with a year ago, San Diego County’s construction starts are down 17 percent in value for the first seven months of 2017, at just over $2.16 billion, according to Dodge Data & Analytics.

Based on the value of building permits pulled for new projects, the latest monthly numbers from the research firm showed residential starts down 10 percent for the January-to-July period, to $1.23 billion. The non-residential category declined 25 percent, to $931.6 million.

The residential category includes single-family and multi-family housing projects. The non-residential category tracks office, retail, industrial, hotel, education, government and other types of non-housing construction.

For the month of July, the overall value of construction projects dropped 64 percent from a year ago, to just under $238 million. The residential category declined 81 percent, to $84.6 million, while the non-residential category posted a 29 percent drop, to $153.4 million.

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