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HOUSTON-Though the metro region is seeing its fair share of cranes and construction, a recent report prepared by McGraw Hill Construction and released by Greater Houston Partnership points out that in April 2013, approximately $971.2 million contracts were awarded throughout the 10-county region. This compares to the $1.1 billion awarded in April, 2012.

Residential contracts were up 15.7%, while commercial contracts decreased by 47.3% in April 2013, compared to the same month last year. According to the report, the sharp year-over-year decline in commercial contracts can be attributed to a record high of $508.1 million contracts awarded in April 2012, the highest month of commercial contracts in over three years.

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