Thanks to strong activity in the residential and nonbuilding categories, the value of Georgia’s new construction contracts improved by 11% overall in September, according to McGraw-Hill Construction. The jump resulted in an estimated $941.3 million in new contracts. Related Links: Infrastructure Work Boosts N.C. Contracts to 58% Sept. Gain S.C. Contracts Record Solid 35% Gain in September The residential market showed the greatest improvement for the month. The category registered nearly $335.6 million in new contracts, or 30% better than last September. The nonbuilding category, which includes infrastructure projects, recorded an estimated $110.2 million in new contracts, a 19% improvement
A month after an invalid vote that provided “conditional approval” of a $30-million settlement with HDR Engineering over cracks in its six-year-old reservoir, on Oct. 17 the board of directors of Tampa Bay Water voted unanimously to reject the deal and proceed with its pending lawsuit in federal court.
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. Related Links: S.C. Contracts Record Solid 35% Gain 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
After suffering a dismal decline in July, Florida experienced a welcome upturn in the pace of new construction contracts in August, according to McGraw-Hill Construction, publisher of Engineering News-Record. Compared to the same period of a year ago, the state saw a 25% improvement in the volume of new contracts during the month, for an overall total of roughly $2 billion. By percentage basis, the nonbuilding sector, which includes infrastructure contracts, saw the biggest gain, 58%, to tally $531.2 million for August. The residential sector contributed $886 million to the monthly total, for a 13% gain. The nonresidential sector experienced
According to McGraw-Hill Construction, publisher of Engineering News-Record, the pace of new Georgia construction contracts accelerated in August, with the state experiencing an 18% gain in new work. The gain resulted in an estimated $874.8 million in new contracts during the month. The biggest gains came in the nonresidential category, which saw a 52% improvement for an August total of $426.9 million. Residential work also improved, with contracts totaling $313.8 million for the month, a 9% increase. The nonbuilding category, which includes infrastructure work, declined by 22%, however, delivering an estimated $134.2 million in new contracts.On a year-to-date basis, McGraw-Hill
The value of North Carolina construction contracts signed in August totaled more than $1.1 billion, an increase of 11% compared to a year ago, according to McGraw-Hill Construction. The nonbuilding and nonresidential sectors led the way in August. Nonbuilding, which includes infrastructure work, totaled $182.4 million for the month, an increase of 59% compared to the same period of a year ago. Nonresidential contracts totaled $474.1 million, an uptick of 35%. The volume of residential contracts declined, however, by 14%, to tally $469.4 million.On a year-to-date basis, North Carolina’s 2011 construction contracts total $9.9 billion through August. That represents a
The overall value of new South Carolina construction contracts totaled $650.1 million in August, a 46% jump over the same period of a year ago, according to McGraw-Hill Construction, publisher of Engineering News-Record. The nonbuilding sector, which includes infrastructure work, more than doubled compared to the same period of a year ago. The category recorded an estimated $204.2 million in new contracts in August, well ahead of the $80.7-million total from a year ago. Residential work also picked up the pace, with the $325.9 million in August contracts representing a 42% gain over last year. Nonresidential contracts fell by 11%,
The overall value of new Florida construction contracts fell precipitiously in July, for a monthly total of less than $1.6 billion, according to McGraw-Hill Construction, publisher of Engineering News-Record. The monthly total was a 60% decline from the same period of a year ago. Related Links: Residential Sector Boosts Georgia Contract Activity in July North Carolina Contracts Jump 58% in July South Carolina Contracts Decline 13% in July The biggest dropoff was in the nonbuilding sector, which includes infrastructure contracts. Its July total of $442.2 million was 83% lower than the nearly $2.6 billion recorded last July. The nonresidential category
Due to a burst of infrastructure contracts, North Carolina’s overall total for new construction climbed an estimated 58% in July, for a total of more than $1.8 billion, according to McGraw-Hill Construction, publisher of Engineering News-Record. Related Links: Fla. Contracts Experience Dog Days in July Residential Sector Boosts Georgia Contract Activity in July South Carolina Contracts Decline 13% in July The company estimated the value of North Carolina’s July nonbuilding contracts at $897.1 million, well ahead of last July’s $180.3 million total for this sector. The other two construction sectors were down slightly for the month. Residential contracts totaled $470.6