The state of South Carolina experienced continued growth in its nonresidential construction sector in April, but it wasn’t sufficient to keep the state’s overall total for new contracts from going negative, according to information from McGraw-Hill Construction, publisher of ENR Southeast. The company estimated the value of new South Carolina construction contracts at $515.5 million during April, or 5% lower than the same period of a year ago.
Nonresidential contracts totaled an estimated $164.9 million in April, or 31% higher than the same period of a year ago. The nonbuilding category, which includes infrastructure projects, tallied just $56.5 million for the month, however, or 44% lower than last April. The value of residential contracts was estimated at $294.1 million, or 6% below last April’s pace.