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The City of Houston issued $4.803 billion in building permits through the first seven months of ’23, down 0.6 percent from $4.834 billion over the comparable period in ’22.
Through July, the city has issued permits for:
Contract awards (which reflect construction activity in the near future) are down significantly in the metro area.
Dodge Data & Analytics report contracts totaling $18.219 billion were let in the first seven months of ’23, an 11.1 percent decrease from $20.484 billion over the comparable period in ’22. If not for a significant increase in non-building (i.e., infrastructure) projects, awards would have fallen even further.
Through July, construction employment has been flat in Houston, with no new jobs added since January. The sector remains 12,800 jobs below where it was prior to the pandemic.
Prepared by Greater Houston Partnership Research Division
Patrick Jankowski, CERP
Senior Vice President, Research
City of Houston building permits totaled $4.803 billion through July '23
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