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Research Facts & Figures
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Economic Forecasts & Updates
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February 2010 Monthly Analysis
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Bay Area Construction Permits
BAY AREA CONSTRUCTION PERMITS
Region |
Total Value of Construction Permits
2/09 – 1/10 |
Annual Change in Total Value of Construction Permits
2/08-1/09 vs. 2/09-1/10 |
Annual
Percent Change |
East Bay |
$2,001,048,254 |
-$560,456,479 |
-21.9% |
Napa |
$260,932,136 |
-$59,331,374 |
-18.5% |
San Francisco |
$1,879,134,780 |
-$1,501,090,123 |
-44.4% |
San Jose |
$1,736,866,610 |
-$1,122,762,997 |
-39.3% |
Vallejo-Fairfield |
$504,485,781 |
-$132,387,597 |
-20.8% |
The following tables and graphs compare the 12-month periods of February 2008 to January 2009 and February 2009 to January 2010.
In a comparison of these two 12-month periods, the East Bay showed a decrease in construction permit values, falling 21.9 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 44 percent over the previous 12-month period.
RESIDENTIAL & NON-RESIDENTIAL PERMITS
When comparing the two previous 12-month periods of February 2008 to January 2009 and February 2009 to January 2010, residential permit values fell throughout the Bay Area with the steepest declines occurring in the San Francisco (down 41.5 percent) and San Jose (down 44 percent) regions. In the East Bay, residential construction fell 19.1 percent. Non-residential construction permit values also declined in all Bay Area regions during this period, falling 24.9 percent in the East Bay and over 47.4 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 61.5 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 90.5 percent). Industrial permit values were also down during this period, falling 15.1 percent in the East Bay.
SINGLE AND MULTI-FAMILY PERMITS
All Bay Area regions saw significant residential construction declines when compared with the previous 12-month period. Single family building permits in the East Bay fell 22.0 percent during this period, while the number of multi-family permits issued fell 170 percent.
EAST BAY CONSTRUCTION
All Bay Area regions saw significant residential construction declines when compared with the previous 12-month period. Single family building permits in the East Bay fell 22.0 percent during this period, while the number of multi-family permits issued fell 170 percent.
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