Newspaper article THE JOURNAL RECORD

Home Building Up in Oklahoma

Newspaper article THE JOURNAL RECORD

Home Building Up in Oklahoma

Article excerpt

Residential construction staged a comeback in Central Oklahoma and across the state during March, according to figures released Monday by F. W. Dodge Inc.

Residential activity in both categories was up considerably during March over February, but it was still significantly behind year-ago activity.

- The Dodge report showed a total of $127.4 million in residential construction across the state, an 83.3 percent increase from $69.5 million in February. The figure was 31.6 percent lower than the $186.5 million during March, 1984, however.

- In Central Oklahoma during March, the residential total was $71.6 million, a whopping 162.2 percent gain over February's $27.3 million, but 6.7 percent lower than the $76.8 million reported for March, 1984.

The Dodge Report lists construction activity in residential, non-residential, non-building and total construction categories, both on a statewide basis and for a 10-county Central Oklahoma section.That section includes Canadian, Cleveland, Grady, Kingfisher, Lincoln, Logan, McClain, Oklahoma, Payne and Pottawatomie counties.

- Non-residential construction during March was up 40.9 percent statewide to $92.6 million from $65.7 million in February, and showed a 3.6 percent increase from the $89.3 million in March, 1984.

In the central section, non-residential activity was up 7.5 percent from February to $39.9 million as compared to $37.1 million. It was 4.7 percent lower than the $41.9 million during March of 1984, however.

- Non-building construction statewide was $34.2 million during March, a 4.9 percent hike from February's $32.6 million, but down 32.4 percent from $50.6 million last March.

In the 10-county area, non-building construction during March was down to $4.7 million, a drop of 64.3 percent from February's $13.2 million, and down 27.6 percent from $6.5 million in March of 1984.

- Total construction across the state during March was $254.3 million, a 3.9 percent decline from February's total of $264. …

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