North Texas commercial construction drops in MarchNorth Texas commercial construction drops in Marchhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=74682013-05-06T08:57:00Z2013-05-06T00:00:00Z

NORTH TEXAS - North Texas commercial construction contracts plummeted in March, falling 44 percent from a year ago, according to the latest McGraw-Hill Construction report.

Contracts for future construction totaled $251 million, down from $446.9 million in March 2012.

But residential contracts totaled $652.1 million, up 11 percent from a year ago. The housing market locally and nationwide has been rebounding for several months.

Statewide, commercial construction contracts in March totaled $1.1 billion, down 2 percent from March 2012. Residential contracts totaled $2.2 billion, up 18 percent.

Read more at the Fort Worth Star-Telegram.

Fort Worth Star-Telegram
Dallas-Fort Worth-Arlington
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