Future construction deals keep ’09 pace in Jan.

Monday, January 10, 2011

The value of contracts for future construction in New Hampshire remained flat overall in the first month of 2010.

According to figures from industry information service McGraw-Hill Construction, January 2010 contracts for future construction totaled $71.8 million, down slightly from the $72.1 million reported in January 2009.

The total value of future residential construction contracts was $20.7 million, down 27 percent from the $28.4 million reported a year earlier.

Nonresidential construction totaled $44 million in January, up 12 percent from a year earlier. Nonbuilding projects -- which include roads, bridges and other infrastructure work, much of which has been funded through federal stimulus money – totaled $7.1 million, 62 percent more than the 4.4 million reported in January 2009.

The total value of contracts for future construction in New Hampshire was $1.96 billion in 2009, 13 percent more than the $1.73 billion reported in 2008 – JEF FEINGOLD/HAMPSHIRE BUSINESS REVIEW

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