Survey: Construction Activity Up in Major California Markets

SAN FRANCISCO—For major-metro regions in California, including Los Angeles-Long Beach-Santa Ana; San Francisco-Oakland-Fremont, Sacramento-Arden-Arcade-Roseville; San Diego-Carlsbad-San Marcos; and Riverside-San Bernardino-Ontario, there has been an overall increase in construction activity in year-over-year and quarter-over-quarter analysis, according to a new 4^th quarter 2012 report from the BidClerk Construction Index™ (BCI).

In a year-over-year breakout of major-market California public and private construction projects that were actively bidding, the BCI found that overall construction activity increased 20.8%, compared to a (-2.9%) decrease reported by BCI for the 3^rd quarter of 2012. Over the same period, private construction experienced a decrease of (-9.2%), while public construction experienced a dramatic increase of 34.4%.