Business

Houston Building Permits Up $1 Billion From July 2011

City of Houston building permits came to $4.2 billion for the twelve months ending in July.

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The total marked a billion-dollar increase over the value of building permits issued in the twelve months ending in July 2011, a rise of just over 30%. Patrick Jankowski is vice president of research for the Greater Houston Partnership.

“The last industry to recover after a recession is construction, and it’s the last stage that you need to get to to have a full recovery. And it looks like we’re just about there, especially in the residential construction area. I’d like to see a little bit of a pickup in non-residential, but as an economist, I’m happy with where we are right now.”

New nonresidential permits totaled $2.8 billion, up just over 20% year-over-year. Residential permits rose by more than 50% to $1.5 billion.

building permit
Prepared by Greater Houston Partnership Research Department

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Andrew Schneider

Andrew Schneider

Politics and Government Reporter

Andrew heads Houston Public Media’s coverage of national, state, and local elections. He also reports on major policy issues before the Texas Legislature and county and city governments across Greater Houston. Before taking up his current post, Andrew spent five years as Houston Public Media’s business reporter, covering the oil...

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