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Archive for Saturday, March 20, 1999

LAWRENCE CONSTRUCTION VALUES UP IN JANUARY

March 20, 1999

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The value of new construction contracts in Lawrence nearly doubled during January from the same time a year ago, according to a new report.

Across the state, values fell despite a slight increase in residential building, according to the report from the F.W. Dodge Division of The McGraw Hill Cos.

In the Lawrence metropolitan area, or Douglas County, non-residential construction -- commercial, manufacturing, educational, religious and other buildings -- was up more than 250 percent in January, to $9.66 million from $2.7 million.

Residential construction -- the industry's biggest sector -- rose about 8 percent, to $5.3 million from $4.93 million.

Statewide, construction fell 13 percent during January, to $200.2 million from $231.39 million.

Leading the statewide downturn was non-building construction, which includes streets, highways, dams, sewage systems and the like. The value of contracts in that category was down about 45 percent to $37.07 million. Non-residential construction fell 7 percent, to $72.24 million.

Only residential construction increased, by 5 percent to $90.88 million.

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