CONSTRUCTION QUARTERLY HIGHLIGHTS INCREASE IN PERMIT VALUES – BCDCOG

CONSTRUCTION QUARTERLY HIGHLIGHTS INCREASE IN PERMIT VALUES

Posted by: bcdadmin Tags: There is no tags | Categories: Uncategorized

September
24

TOTAL CONSTRUCTION VALUES UP BY NEARLY $32M IN Q2

Total construction permit values in the tri-county area increased by $31.6 million, or about four percent, to $737 million during the second quarter of 2018, according to data recently released by the by the Berkeley-Charleston-Dorchester Council of Governments (BCDCOG).

Other key takeaways from the Council of Governments Q2 Construction Quarterly report include:

  • Commercial construction permit values increased by 46% ($73 million)
  • New construction permit values increased 3% ($21.9 million)
  • Single Family permit values increased 14% ($57.7 million)

Construction Quarterly provides a detailed analysis of the construction trends in the region. Sectors analyzed include commercial, single family, single-family attached, multi-family, and renovation construction.

“We continue to see positive growth in permit values across most types of construction in the region, which is a sign of ongoing economic momentum,” said BCDCOG planning director Kathryn Basha.

The full report can be viewed here.

Comments are closed.

Address: 1362 McMillan Ave,
Suite 100 North Charleston, SC 29405
Phone: (843) 529-0400