Friday, March 9, 2012

Forecast: D-FW to lead in construction - Dallas Business Journal:

http://nolaer.net/education/hell-always-have-paris/
billion, the steepest drop since according to a reportby . Dallas-Fort Wort is predicted to lead the statein starts. The 2009 forecast callxs for $14.1 billion in construction startsa inNorth Texas, compared to $12.4 billion in the Houston-Baytown-Sugarland area, $4.9 billion in San Antonio and $4.4 billiom in Austin. Those figures represent a 12-percenrt decrease in D-FW construction, a 4-percent decrease in the Houstonm area, a 22-percent decrease in San Antoniol anda 19-percent decreas e in Austin, compared to 2008. The $14.1 billion in D-FW breakxs down into $4.2 billion in residential construction, $6.3 billion in nonresidential and $3.
6 billionh in non-building construction, according to the Statewide, housing construction will drop 22 percentto $16.1 billion in 2009, fallinyg for the third year in a row. Declines will be spreadx evenly across the single family andmultifamilyg markets. Nonresidential construction will contract 32 percentto $21.44 billion, with both commercial and institutionaol starts pulling back. Non-buildin g construction will be the one sectorto improve, with a 12-percent expected growth. Highway and bridgs construction, bolstered by the federal stimulus, will drive the non-buildingv expansion, according to the report.

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