Activity Bidding Construction Projects in the Texas Major-Metro Markets Increased 4.5% Compared to One Year Ago

Private Construction Increased 1.6% While Public Construction Increased 6.3%, BidClerk Construction Index™ Finds

CHICAGO--()--For major-metro regions in Texas, including Dallas, Houston, San Antonio, Austin, and El Paso, the BidClerk Construction Index™ (BCI) reports that there was a small year-over-year increase in construction activity for both private and public construction projects that were actively bidding. The 4th quarter 2012 BCI analysis reports that overall construction activity rose 4.5%, with private construction increasing 1.6% and public construction up 6.3% over the same period last year.

In a quarter-over-quarter analysis, the 4th quarter 2012 BCI analysis showed that private construction was down (-9.6%), but public projects increased 2.2% compared to the third quarter of 2012.

In a year-over-year analysis for the Dallas region, combined public and private construction projects that were actively bidding dropped (-2.9%) compared to one year ago. This figure compares to a drop of (-19.1%) reported in BCI’s 3rd quarter 2012 report. In BCI’s quarter-over-quarter analysis, the Dallas region saw an increase in overall construction activity of 1.7%.

In a year-over-year analysis for the Houston region, combined public and private construction projects that were actively bidding increased 17.2%, building on a 15.8% increase that BCI reported for the 3rd quarter of 2012. However, a quarter-over-quarter analysis revealed that combined Houston region private and public construction projects that were actively bidding decreased (-3.1%), according to BCI’s 4th quarter 2012 data.

In a year-over-year analysis for the Austin region, combined public and private construction projects that were actively bidding decreased (-10.2%). BCI’s 4th quarter 2012 report revealed that combined private and public construction projects in the Austin region increased 10.3% in quarter-over-quarter analysis.

In a year-over-year analysis for the San Antonio region, combined public and private construction projects that were actively bidding fell (-0.6%). BCI’s 4th quarter 2012 quarter-over-quarter analysis showed that the San Antonio region’s private and public construction projects decreased (-27.2%).

Counties surveyed by BidClerk included Dallas, Collin, Tarrant, Denton, Ellis, Fort Bend, Harris, Galveston, Brazoria, Bexar, Comal, Guadalupe, Wilson, Hays, Travis, Williamson, Bastrop, Caldwell, and El Paso.

Today’s new job 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 custom BidClerk Construction Index reports for specific counties, regions, and states by contacting BidClerk: BCI@bidclerk.com.

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With the most affordable solutions on the market, BidClerk is the widely recognized leader in providing construction project data and marketing tools to manufacturers, contractors, and distributors. All of BidClerk’s services are offered at subscription rates 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

Release Summary

Activity Bidding Construction Projects in the Texas Major-Metro Markets Increased 4.5% Compared to One Year Ago

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Contacts

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