Construction climbs 11 percent in KC area through November
12/30/2013 3:02 PM
01/01/2014 8:21 PM
Construction for 2013 in metropolitan Kansas City hit $2.7 billion through November, up 11 percent from 2012, led by continued strong gains in residential work.
McGraw Hill Construction said there was about $1.5 billion in residential work reported through November, up 34 percent from the same period a year ago. Non-residential activity reached $1.1 billion, down 10 percent from the first 11 months of 2012.
For the month of November, $176.3 million in contracts was awarded for future residential construction, up 51 percent from the same month last year, and $65.3 million in non-residential contracts, up 39 percent.
The McGraw Hill trade publication describes residential construction as single-family and multifamily housing. Non-residential projects include office, retail, hotel, warehouse, education and government buildings.
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