Houston construction contracts July 2012 via NewsTalk Texas

Contracts for future residential construction grew 12.9 percent July 2012 compared to July 2011, while nonresidential contracts fell 37.7 percent and total construction fell 8.3 percent.

McGraw Hill has revised residential and non-residential construction substantially upward for July ’11. As a result, construction activity last year was actually $123.0 million better than originally reported, as can be seen in the table below

Year to date, more than $5.9 billion in total contracts were awarded, up 12 percent from the more than $5.2 billion awarded year to date as of July 2011.

Read more...Houston construction contracts July 2012 via NewsTalk Texas