CHICAGO--()--For major-metro regions in Texas, including Dallas, Houston, San Antonio, Austin, and El Paso, the BidClerk Construction Index™ reports that there has been a mild year-over-year decrease in construction activity for both private and public construction projects that were actively bidding.
There was a year-over-year (-4.0%) decrease for all construction projects that were activity bidding in the Texas major-metro region. Actively bidding private construction projects experienced an increase of 6.6%, while public projects dropped (-10.1%) over the same period last year.
In a quarter-over-quarter analysis, third quarter combined private and public construction projects that were actively bidding increased 1.7%. In that same analysis, third quarter private projects dropped (-9.9%), but public projects increased 11.5% compared to the second quarter 2012.
In a year-over-year analysis for the Dallas region, combined public and private construction projects that were actively bidding dropped (-19.1%) compared to one year ago, with private and public projects dropping (-5.5%) and (-25.3%) respectively. A quarter-over-quarter analysis revealed that combined Dallas region private and public construction projects that were actively bidding experienced a decrease of (-12.9%), with private construction projects dropping (-31.1%), but public construction projects increasing 2.8%.
In a year-over-year analysis for the Houston region, combined public and private construction projects that were actively bidding increased 15.8% compared to one year ago, with private and public projects increasing 20.6% and 11.6%, respectively. A quarter-over-quarter analysis revealed that combined Houston region private and public construction projects that were actively bidding experienced an increase of 19.4% between the second and third quarters of 2012, with private construction projects rising 5.5% and public construction projects rising 36.7%.
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.
Nationally, BCI found that combined public and private construction projects that were actively bidding increased 3.0% in the third quarter of 2012, compared to the same quarter a year ago. BCI also found that third quarter 2012 public construction increased modestly, rising just 0.2%, while third quarter 2012 private construction jumped 12.3%, year-over-year.
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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