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Friday, Jun 14, 2024
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S.D.’s Construction Starts Declined 24 Percent in January

San Diego County’s January construction starts, including residential and commercial projects, declined 24 percent in value from the same month of 2015, to $270.7 million, according to the latest monthly figures from industry research firm Dodge Data & Analytics.

Based on building permits pulled during the month for future construction, nonresidential projects were down 50 percent from a year ago, at $126.8 million. That was partly offset by a 41 percent rise in residential projects, which reached $143.9 million.

Nonresidential buildings include office, retail, hotel, educational, government and other nonhousing projects, with the residential category including single-family and multifamily buildings. The numbers track the value of permits pulled for projects including new construction, expansions and renovations.

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