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California Construction Data Update
October 1, 2008
The latest information gathered by the Construction Industry Research Board (CIRB), based in
Year-To-Date Comparisons: 2007-2008
Public works construction in August 2008 totaled $1.23 billion, down 35% from the prior month and also 35% from August 2007. Public building in August fell 45% below July numbers and was 36% lower than August 2007. Heavy construction was 29% lower than the previous month and 34% lower than volume in August 2007.
California Construction Employment
The California construction employment forecast averaged 811,300 in August 2008, down 2,000 (0.2%) from July and down 79,200 (8.9%) from August 2007.
Public Works Construction, Regional Comparison Year-To-Date
Public works construction in August 2008 showed a 2.4% loss over the first eight months of 2007. Year-to-date figures for all new public building and heavy construction permits are $4.47 billion in LA-Orange; $3.4 billion in Riverside-San Bernardino-San Diego; $2.85 billion in the Bay Area; $1.27 billion in the Sacramento Valley; $1.28 billion in the San Joaquin Valley; $705 million along the Central Coast; and $695 million in the North State and Sierras.
Public Works Construction - Major Project Notes: August 2008
Public Buildings
$90.0 million high school project in Los Angeles County
$30.5 million high school project in San Diego County
Heavy Construction
$134.0 million wind farm project in Kern County
$67.0 million wind farm project in Solano County
$29.7 million highway project in Los Angeles County
$24.0 million water pipeline project in Contra Costa County
Posted by Loren Faulkner on October 1, 2008 | Comments (0)
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