NEWS RELEASE
26420 Real Estate Editor For Immediate Release
New York, New York -- McGraw-Hill Construction today reported on February contracts for future construction in the metropolitan statistical area of Houston-BaytownSugar Land, consisting of Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Montgomery, San Jacinto and Waller in Texas. An authority on the construction market, the firm produces Dodge Reports and Sweets Catalog Files. According to the Research and Analytics unit of McGraw-Hill Construction, the latest month's construction activity followed this pattern:
2013 Nonresidential Residential TOTAL BUILDING $209,964,000 $584,303,000 $794,267,000
2012 $383,999,000 $494,536,000 $878,535,000
Percent Change -45 18 -10
For the year-to-date on a cumulative basis, the totals are: 2013 Nonresidential Residential $437,272,000 $1,135,515,000 2012 $726,590,000 $960,017,000 $1,686,607,000 Percent Change -40 18 -7
TOTAL BUILDING $1,572,787,000
-Nonresidential buildings include commercial, manufacturing, educational, religious, administrative, recreational, hotel, dormitory and other buildings. -Residential buildings include one and two family houses and apartments.
March 28, 2013
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NEWS RELEASE
TX Real Estate Editor For Immediate Release
New York, New York -- McGraw-Hill Construction today reported on February contracts for future construction in the state of Texas. An authority on the construction market, the firm produces Dodge Reports and Sweets Catalog Files. According to the Research and Analytics unit of McGraw-Hill Construction, the latest month's construction activity followed this pattern: 2013 Nonresidential Residential Nonbuilding TOTAL CONSTRUCTION $827,114,000 $1,894,195,000 $594,888,000 $3,316,197,000 2012 $854,699,000 $1,724,096,000 $1,659,926,000 $4,238,721,000 Percent Change -3 10 -64 -22
For the year-to-date on a cumulative basis, the totals are: 2013 Nonresidential Residential Nonbuilding TOTAL CONSTRUCTION $1,898,307,000 $3,705,981,000 $1,275,708,000 $6,879,996,000 2012 $1,892,427,000 $3,280,482,000 $2,307,721,000 $7,480,630,000 Percent Change 0 13 -45 +++ -8
-Nonresidential buildings include commercial, manufacturing, educational, religious, administrative, recreational, hotel, dormitory and other buildings. -Residential buildings include one and two family houses and apartments. -Nonbuilding construction includes streets and highways, bridges, dams and reservoirs, river and harbor developments, sewage and water supply systems, missile and space facilities, airports, utilities and communication systems.