The value of new Georgia construction contracts fell by 15% in April, for a $814.5-million total, according to McGraw-Hill Construction, publisher of ENR Southeast.
All categories of construction fell for the month, though the nonbuilding sector, which includes infrastructure projects, suffered the most. The value of that category’s total starts was estimated at $127.1 million for April, or 47% below the same period of a year ago. Nonresidential contracts fell 2% compared to last April, with roughly $389 million in new work. The residential category experienced a 6% lower volume of contracts in April, with about $298.4 million in new work.