Florida Construction Up 39.8% In Major-Metro Markets CHICAGO – July 19, 2013 – Major-metro regions in Florida – including Jacksonville; Miami-Fort Lauderdale-Pompano Beach; Orlando-Kissimmee-Sanford; Tallahassee; and Tampa-St. Petersburg-Clearwater – saw a 39.8 percent increase in construction projects actively bidding, according to the BidClerk Construction Index (BCI). Most bidding projects were public, which rose 66.7 percent. Private construction activity increased 5.4 percent. The total value of all the Florida Major-Metro projects reported on BidClerk that bid in the 2nd quarter of 2013 was $4,178,988,643. In a quarter-over-quarter analysis for construction projects actively bidding, the major-metro regions in Florida experienced a modest increase of 3.9 percent. In a year-over-year analysis for the Miami region, combined public and private construction projects actively bidding increased 30.5 percent. A BCI quarter-over-quarter analysis finds that private and public construction projects actively bidding in Miami increased 4.8 percent compared to data reported in the first quarter of 2013. In a year-over-year analysis for the Orlando region, public and private construction projects actively bidding increased 46.6 percent. Quarter-over-quarter, the private and public construction projects actively bidding increased 21.7 percent. In a year-over-year analysis for the Tampa-St. Pete region, public and private construction projects actively bidding increased 40.3 percent. Quarter-over-quarter, private and public construction projects actively bidding increased 1 percent. BidClerk provides construction project data and marketing tools for building product manufacturers, contractors and distributors. © 2013 Florida Realtors®
Posted on: Tue, 23 Jul 2013 19:35:00 +0000
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