News | 12/16/2011
Non-residential construction for the St. Louis market area was off by 66 percent for November over November 2010 according to McGraw-Hill. Non-residential year-to-date through November was off 51 percent over 2010.
McGraw-Hill Construction reported on November contracts for future construction in the metropolitan statistical area of St. Louis, consisting of Bond, Calhoun, Clinton, Crawford, Franklin, Jefferson, Jersey, Lincoln, Macoupin, Madison, Monroe, St Charles, St Clair, St Louis, Warren and Washington in Illinois and Missouri.
An authority on the construction market, the firm produces Dodge Reports and Sweets Catalog Files.
According to the Research and Analytics unit of McGraw-Hill Construction, the latest month's construction activity followed this pattern:
November
|
|
2011 |
2010 |
Percent Change |
|
Nonresidential |
$57,964,000 |
$169,491,000 |
-66 |
|
Residential Total Building |
$67,432,000
$125,396,000 |
$85,350,000 |
-21 -51
|
Year-to-Date
|
|
2011 |
2010 |
Percent Change |
|
Nonresidential |
$833,373,000 |
$1,707,444,000 |
-51 |
|
Residential Total Building |
$988,130,000
|
$1,324,419,000
|
-25
|
Nonresidential buildings include commercial, manufacturing, educational, religious, administrative, recreational, hotel, dormitory and other buildings. Residential buildings include one and two family houses and apartments.
Columns
Accounting
Contracts | by Len Ruzicka
Project Management
Sales | by Tom Woodcock
Perspective | by Thomas J. Finan