Construction up in 2015, mainly residential
Construction this year in metro Atlanta has edged up from last year with most of the increase coming from residential building, according to an industry report released today.
Total building is up 2 percent from 2014, according to New York based Dodge Data & Analytics.
The company toted up the value of construction from the start of the year through October and found that the region so far has seen the start of projects with worth totaling $7.9 billion.
However, Dodge found a marked split between commercial and residential: The value of non-residential construction has fallen 18 percent, while the value of residential building was up 18 percent.
October bucked the overall trend with the greater share of construction coming from non-residential work, according to Dodge: $526.7 million.
Statistics for residential building include single-family and multi-family housing.
About the Author
Michael E. Kanell, the AJC's economics writer, has been reporting on jobs, housing and the economy at the AJC for nearly two decades. He has appeared on television and radio to analyze and report on business and economic developments.
