A more than 300% gain in North Carolina’s nonbuilding category pushed the state’s September total for new construction contracts to a 58% overall improvement for the month, according to McGraw-Hill Construction, the publisher of ENR Southeast. The stated recorded an estimated $1.3 billion in new contracts in September.
The nonbuilding category, which includes infrastructure projects, recorded an estimated $604.5 million in new contracts, compared to last September’s $148.8-million tally. The nonresidential construction category was also positive, with its monthly total of $257.7 million equating to a 17% gain. The residential market was down 1%, however, with roughly $468.4 million in new work.