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Real Estate

Sep. 23, 2003

State Building Volume Down for Second Month

California's total statewide construction activity declined for the second month in a row with July's volume totaling $6.02 billion, down 4.5 percent from June 2003.

California's total statewide construction activity declined for the second month in a row with July's volume totaling $6.02 billion, down 4.5 percent from June 2003.

All construction sectors were down from the prior month - the first month this has occurred in 2003, according to the Construction Industry Research Board.

The largest decline in July was in public works construction (highway-heavy construction along with governmental buildings), totalin...

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