Houston building permits YTD fall 12 percent from 2014Houston building permits YTD fall 12 percent from 2014https://www.recenter.tamu.edu/news/newstalk-texas/?Item=109042015-10-23T05:00:00Z2015-10-23T18:00:00Z

​​HOUSTON - Construction activity continues to slow in Houston, according to the City of Houston’s Department of Public Works.

City building permits totaled $6.1 billion for the first nine months of 2015, down 11.8 percent from the same period last year. The decline follows an extremely strong period of growth for Houston construction, fueled by business expansion tied to high oil prices.

The slowdown in construction across Greater Houston has already cost the region 3,500 jobs since last December.

Permits for the month of September totaled $598.4 million. That’s less than half the value of those issued in September of last year, but still well above the long-term monthly average of $350 million.

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