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Local Construction Starts Down 23 Percent in First 4 Months of 2016

The value of San Diego County’s construction starts declined 23 percent from the year-ago period in the first four months of 2016, totaling just over $831.8 million, according to the latest monthly figures from Dodge Data & Analytics.

Based on the project value of building permits pulled, non-residential project starts were down 29 percent from a year ago, to $339.2 million, for the January-to-April period. Residential projects came in at $492.6 million, down 17 percent.

Non-residential projects include new construction, expansions and renovations for office, industrial, retail, education, government and other non-residential projects. The residential category tracks single-family and multi-family housing projects.

For the month of April, overall construction starts were down 12 percent from a year ago, at $253.4 million. The month’s non-residential construction starts increased 13 percent from April 2015, to $96.8 million, while residential projects declined 22 percent, to $156.7 million.

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