Metro area construction contracts up 9 percent
The value of contracts for future construction in the metropolitan area rose 9 percent in November compared with a year ago on higher residential activity, according to a report.
Dodge Data & Analytics, an industry information service, reported last week that contracts worth $2.3 billion for all future building were awarded in November in the 23-county region that includes Long Island, up from $2.1 billion in November 2014.
Residential contracts totaled $1.5 billion in November, a 19 percent increase year over year.
Nonresidential contracts, for commercial properties such as offices, hotels, factories and warehouses, fell 7 percent to $814 million.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
Sarra Sounds Off Ep. 35: EI baseball, girls lacrosse and plays of the week On the latest episode of "Sarra Sounds Off," we look at East Islip baseball's inspirational comeback story, Jared Valluzzi has the plays of the week and Tess Ferguson breaks down the top defensive players in girls lacrosse.
