The value of new construction contracts in the state of Georgia fell by 13% overall in June, according to McGraw-Hill Construction, publisher of Southeast Construction. During the month, the state of Georgia experienced roughly $795.6 million in new contracts for future construction activity, down from last June’s $917.7-million tally.
The nonresidential market fell by 35% during June to tally approximately $302.2 million for the month.That compared to the $464.9 million recorded a year ago.