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Home » North Carolina Contracts Decline 10% in February

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SoutheastSoutheast Construction News

North Carolina Contracts Decline 10% in February

April 19, 2011
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The overall value of North Carolina’s new construction contracts fell by 10% in February, to $861.6 million, according to McGraw-Hill Construction, the publisher of ENR Southeast.

On a sector-by-sector basis, it was either 20% up or down for the month. The residential and nonbuilding sectors each declined by 20% during the month, for totals of $360.9 million and $211.2 million, respectively. Meanwhile, nonresidential contracts improved by 20%, totaling nearly $289.6 million.

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