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July 26, 2012 02:00 PM Eastern Daylight Time 

Pennsylvania Major-Metro Markets See 11.3% Year-on-Year Growth in Construction, BidClerk Construction Index™ Finds

Public Construction Sees 19.8% Increase in Q2 2012 Compared to the Same Period Last Year. But Private Construction Drops (-3.3%).

CHICAGO--(BUSINESS WIRE)--For major-metro regions in Pennsylvania, including Allentown-Bethlehem-Easton, Harrisburg-Carlisle, Philadelphia, Pittsburgh, Reading, Scranton / Wilkes-Barre, and York, the BidClerk Construction Index reported that public sector construction increased by 19.8% in Q2 2012 compared to the same quarter last year. Private sector construction dropped (-3.3%) over the same period last year.

Pennsylvania major-metro regions presented widely varying results in a year-on-year comparison of overall construction activity. Combined public and private sector Pittsburgh construction activity dropped (-25.2%) compared to one year ago, whereas Philadelphia construction activity rose 17.2% for public and private construction projects combined.

In a quarter-on-quarter analysis for 2012, the BidClerk Construction Index also found that there was a 5.9% increase in all Pennsylvania projects in Q2 2012. Furthermore, there was a 13.7% increase in total private sector construction projects compared to the first quarter of 2012, while public sector construction projects rose just 2.7%.

Pennsylvania major-metro regions also presented varied results in a quarter-on-quarter analysis comparison of overall construction activity for 2012. There was a 27.4% increase in combined public and private construction projects in Philadelphia, whereas Pittsburgh combined construction activity dropped (-24.5%).

The Pennsylvania counties surveyed by the BidClerk Construction Index include Carbon, Lehigh, Northampton, Cumberland, Dauphin, Perry, Bucks, Chester, Delaware, Montgomery, Philadelphia, Burlington (NJ), Camden (NJ, Gloucester (NJ), Allegheny, Armstrong, Beaver, Butler, Fayette, Washington, Westmoreland, Berks, Lackawanna, Luzerne, Wyoming, and York.

Today’s new construction project data was released by BidClerk, a leading provider of construction project data and marketing tools for building product manufacturers, contractors, and distributors. The BidClerk Construction Index is a quarterly data service offered at no cost to media outlets that cover regional construction news. Members of the media may request a custom BidClerk Construction Index report for a specific area by contacting BidClerk: BCI@bidclerk.com.

About BidClerk

With the most affordable solutions on the market, BidClerk is the widely recognized leader in providing construction project data and marketing tools for building product manufacturers, contractors, and distributors. All of BidClerk’s services are offered at subscription rates that are far below those charged by McGraw-Hill Construction (NYSE: MHP) or Reed Construction Data (Rel:Ln). Users can try BidClerk for $5.95 for full national access to its project database for three days. More info: www.BidClerk.com

Contacts

For BidClerk
John D. Wagner, 919-796-9984
Jdwagner@WagnerPR.com

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