|
Research Facts & Figures
>
Economic Forecasts & Updates
>
January 2010 Quarterly Update
>
Bay Area Construction Permits
BAY AREA CONSTRUCTION PERMITS
| Region |
Total Value
of Construction Permits
1/09 – 12/09 |
Annual Change in Total Value
of Construction Permits
1/08-12/08 vs. 1/09-12/09 |
Annual
Percent Change |
East Bay |
$1,962,203,119 |
-$695,748,145 |
-26.20% |
Napa |
$252,609,698 |
-$76,232,540 |
-23.20% |
San Francisco |
$1,903,776,153 |
-$1,660,133,606 |
-46.60% |
San Jose |
$1,764,453,833 |
-$1,201,227,626 |
-40.50% |
Vallejo-Fairfield |
$483,780,153 |
-$229,199,418 |
-32.10% |
The following tables and graphs compare the 12-month periods of January 2008 to December 2008 and January 2009 to December 2009.
In a comparison of these two twelve-month periods, the East Bay showed a decrease in construction permit values, falling 26.2 percent from the previous period. All other Bay Area regions posted losses during this period as well, with San Francisco showing the sharpest decrease of over 46 percent over the previous 12-month period.
RESIDENTIAL & NON-RESIDENTIAL PERMITS
When comparing the two previous 12-month periods of January 2008 to December 2008 and January 2009 to December 2009, residential permit values fell throughout the Bay Area with the steepest declines occurring in the San Francisco (down 45 percent) and San Jose (down 46.5 percent) regions. In the East Bay, residential construction fell 24.5 percent. Non-residential construction permit values also declined in all Bay Area regions during this period, falling 28 percent in the East Bay and over 48 percent in the San Francisco region.
COMMERCIAL & INDUSTRIAL PERMITS
In a comparison of commercial and industrial construction permits issued during the same two 12-month periods, the dollar value of commercial permits issued in the East Bay fell 60 percent when compared with the previous period. Commercial building permit values declined throughout the Bay Area during this period, falling most sharply in the San Francisco region (down 89.8 percent). Industrial permit values were also down during this period, falling 16.2 percent in the East Bay.
SINGLE AND MULTI-FAMILY PERMITS
In the East Bay permits for single-family units increased 3.1 percent over the previous 12-month period while multi-family permits fell 69.1 percent.
EAST BAY CONSTRUCTION
The following charts show the number and value of single, multi-family, residential and non-residential construction permits issued in East Bay cities for the twelve-month period ending December 2009.
|