New nonresidential construction decreasesNew nonresidential construction decreaseshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=170642017-07-12T05:00:00Z2017-07-12T19:00:00Z

​SAN ANTONIO – Construction starts in May were down 70 percent in San Antonio from May of 2016 but are up overall from the start of 2017, according to a report by Dodge Data & Analytics.The new nonresidential construction starts are down in May 2017 compared with May 2016.

The city saw $94 million in nonresidential construction starts in May 2017 compared with $315 million started in May 2016.

More construction that is nonresidential has begun since the beginning of 2017, $979 million, compared with $837 million in 2016.

Residential construction starts in May also saw a slight year-over-year decrease from $220 million in May 2016 to $210 million in May 2017.

Residential construction starts still have not caught up to 2016's numbers, which were $1.15 billion by May compared with $1.08 billion in 2017.

All types of construction starts in San Antonio were down 43 percent in May 2017 compared with May 2016.

San Antonio Business Journal
San Antonio-New Braunfels
https://www.bizjournals.com/sanantonio/news/2017/07/10/new-nonresidential-construction-down-70-percent-in.htmlSource: {Source}

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