December 1, 2015 Comments Off on San Diego County Construction Slowing Down Views: 640 California News, San Diego

San Diego County Construction Slowing Down

The San Diego County construction industry has taken quite a dip in the first 10 months of the year.

Construction starts have declined by 30 percent year over year so far in 2015, bringing it to $2.5 billion, according to Dodge Data & Analytics, a leading provider of news and information on the U.S. construction industry.

Non-residential construction reportedly took the majority of the hit, falling by 69 percent. That drop was partially offset by residential construction, which saw an 81-percent uptick. Non-residential construction is defined by Dodge Data as retail, office, industrial and other developments without housing components, while residential is considered single and multifamily assets.

Read More at San Diego Business Journal

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