South Carolina contracts recorded across-the-board increases in December for a 38% overall spike in new work, according to McGraw-Hill Construction.
The company estimated the value of new nonresidential contracts at nearly $110 million in December, or 49% better than the same period of a year ago. Residential contracts picked up the pace, too, registering a 20% monthly gain on roughly $229.5 million in new work. The nonbuilding sector, which includes infrastructure contracts, roughly tripled compared to a year ago, for a $50.8-million total.