Transcription of July 26, 2018 - Houston, TX
1 Greater Houston Partnership Research Updated October 23, 2018 The Partnership sends updates for the most important economic indicators each month. If you would like to opt-in to receive these updates, please click here. October 23, 2018 For the latest data, click here. City of Houston building permits totaled $ million in September 18, up percent from $ million in September 17, according to the latest data released by the city s Public Works Department. Through September of this year, city building permits totaled $ billion, up percent from $ billion over the same period in 17. YTD nonresidential construction slipped percent, from $ billion in 17 to $ billion in 18.
2 YTD residential construction increased percent, from $ billion in 17 to $ billion in 18. For the 12 months ending September 18, city permits totaled $ billion, up percent from $ billion in the 12 months ending September 17. Commercial permit values fell percent to $ billion. The drop in commercial construction reflects the slowdown in office construction. Residential permit values rose percent to $ billion. The jump reflects an increase in multifamily construction and repair work due to Hurricane Harvey. Patrick Jankowski, CERP Senior Vice President, Research 713-844-3616 Melissa Verhoef, PhD Research Associate 713-844-3653 0246810'08'09'10'11'12'13'14'15'16'17'18 $ BillionsSource: City of HoustonCITY OF HOUSTON BUILDING PERMIT VALUE12-Month TotalResidentialCommercialTotal
