Feb 7, 2014
Houston construction contracts Dec. 2013
HOUSTON - In 2013, $11.708 billion in construction contracts were awarded in the Houston metro area, a 4.1 percent increase from the $11.243 billion awarded in 2012. Residential contracts totaled...
HOUSTON – In 2013, $11.708 billion in construction contracts were awarded in the Houston metro area, a 4.1 percent increase from the $11.243 billion awarded in 2012.
Residential contracts totaled $8.205 billion in 2013, up 14.4 percent from $7.171 billion during the comparable period in 2012. Residential includes one- and two-family homes and apartments.
Nonresidential contracts totaled $3.502 billion, down 14.0 percent from $4.072 billion in 2012. Nonresidential includes commercial, manufacturing, educational, religious, administrative, recreational, hotel, dormitory and other buildings.
| Dec. 2013 | Dec. 2012 | Change | |
| Nonresidential | $3,502,965,000 | $4,072,056,000 | -14.0% |
| Residential | $8,205,512,000 | $7,171,424,000 | 14.4% |
| Total building | $11,708,477,000 | $11,243,480,000 | 4.1% |
Source: McGraw Hill Construction
Read more at the Greater Houston Partnership.
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