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Southwest U.S. Major-Metro Construction Activity Increased 24.2% in Year-Over-Year Analysis, BidClerk Data Finds

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For major-metro regions in the Southwest U.S., including Phoenix-Mesa-Glendale, AZ; Prescott, AZ; Tucson, AZ; Yuma, AZ; Las Vegas-Paradise, NV; Reno-Sparks, NV; Albuquerque, NM; and Santa Fe, NM, the BidClerk Construction Index™ (BCI) reported a 24.2% increase in private and public construction projects that were actively bidding in a year-over-year analysis. Private and public construction activity increased 11.5% and 31.0% respectively. The total value of all the Southwest U.S. Major-Metro projects reported on BidClerk that bid in the 2nd quarter of 2013 was $1,743,860,401.

In a quarter-over-quarter analysis for all construction projects that were actively bidding, the major-metro regions in the Southwest experienced an increase of 7.6%. The BCI found that second quarter 2013 private projects were down (-14.5%), but public construction increased 22.7% compared to the 1st quarter of 2013.

In a year-over-year analysis, combined public and private construction projects that were actively bidding in the Phoenix region increased 10% compared to a decrease of (-15.4%) reported in the 1st quarter of 2013. In a quarter-over-quarter analysis, the BCI found that Phoenix construction activity increased 14.0% over the 1st quarter of 2013.

Among the high-profile projects bidding on BidClerk in the 2nd quarter of 2013 was the Northern Arizona University Science and Health Building, in Flagstaff, AZ. (1444237 – BidClerk ID.) Valued at $72,000,000, the building is a 120,000 sq. ft. science and health building that includes a laboratory building with offices, classrooms, and lecture halls. The project broke ground in the Spring 2013, with a 23-month construction timeline. The project was designed by GLHN Architects (Tucson) & Richard + Bauer Architecture (Phoenix). The contract for general contracting was awarded to M.A. Mortenson (Phoenix).

In a year-over-year analysis for the Las Vegas region, combined public and private construction projects that were actively bidding increased 28.9%, compared to an increase of 12.9% reported in the 1st quarter of 2013. In a quarter-over-quarter analysis, the BCI found that Las Vegas construction activity was flat (0%), with no change over the 1st quarter 2013.

In a year-over-year analysis for the Albuquerque region, combined public and private construction projects that were actively bidding increased 23.9%, compared to an increase of 3.3% reported the previous quarter. A quarter-over-quarter analysis revealed that combined private and public construction projects that were actively bidding in the Albuquerque region decreased (-10.8%), compared to no growth or contraction reported in the previous quarter.

The regions surveyed by the BCI include Phoenix-Mesa-Glendale, AZ; Prescott, AZ; Tucson, AZ; Yuma, AZ; Las Vegas-Paradise, NV; Reno-Sparks, NV; Albuquerque, NM; and Santa Fe, NM.

Today's new construction project data was released by BidClerk, a leading provider of construction project data and marketing tools for building product manufacturers, contractors, and distributors. The BidClerk Construction Index is a quarterly data service offered at no cost to media outlets that cover regional construction news. Members of the media may request custom BidClerk Construction Index reports for specific counties, regions, and states by contacting BidClerk: BCI@bidclerk.com.

About BidClerk

With the most affordable solutions on the market, BidClerk is the widely recognized leader in providing construction project data and marketing tools for building product manufacturers, contractors, and distributors. All of BidClerk's services are offered at subscription rates that are far below those charged by McGraw-Hill Construction (NYSE: MHP) or Reed Construction Data (Rel:Ln). Users can try BidClerk for three days just $5.95. More info: www.BidClerk.com.

 

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