Metro area construction contracts dip in September
The value of contracts for future construction in the metropolitan area declined in September compared with a year ago as residential activity dropped.
McGraw Hill Construction, an industry information service, reported contracts worth $1.75 billion for future building were awarded last month for the 23-county region that includes Long Island. Contracts totaled $1.76 billion in September 2013.
Nonresidential contracts, which include commercial properties such as offices, hotels, factories and warehouses, totaled $1.2 billion, a gain of 24 percent, year over year. Residential contracts fell 31 percent to $539 million, McGraw Hill said.
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
Sarra Sounds Off, Season 3, Ep 3: Top football teams in action, fantasy update and plays of the week Gregg Sarra sounds off on the Northport and Half Hollow Hills East matchup, plus Tess Ferguson has an update on the high school fantasy football standings and Jared Vailuzzi has the plays of the week.
