North Carolina contractors saw continued declines in the state’s nonresidential market in June, leading to a 36% overall drop in the value of new contracts, according to McGraw-Hill Construction, publisher of Southeast Construction. The overall value of new June contracts totaled just over $1 billion, down from $1.6 billion a year ago.
The value of nonresidential contracts fell 66% compared to a year ago for a $266.1-million total. The nonbuilding category—which includes infrastructure projects—declined 33% in June to tally $173.8 million.