Given the greatest boost by a surge...
- Share via
Given the greatest boost by a surge of nonresidential construction, the value of building contracts in Orange County during December soared 93% from the previous December; for all of 1984, contracts increased 52% from 1983, according to a report released this week by the New York-based F. W. Dodge Divison of McGraw-Hill.
Building contracts in the county last December were valued at $228.7 million, up from $118.77 million in the year-ago month. In 1984 there were $2.36 billion worth of construction contracts in the county, compared to $1.55 billion in 1983.
The value of nonresidential construction, including commercial, manufacturing and educational buildings, in the county last December was $83.155 million, more than double contracts of $31.3 million in December, 1983. And in 1984 nonresidential construction contracts totalled $1 billion, up 87% from $545.3 million during the prior year.
Residential building contracts last December were valued at $145.5 million, up 67% from $87.4 million in the year-ago month; and in all of 1984 they were worth $1.33 billion, up 34% from $1 billion in 1983.
More to Read
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.