Apr
25

Upstate Commercial Construction on the Rise

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More than 750 commercial building permits were issued across the Upstate during the first quarter, an increase of 20% from the same period a year ago, according to new data from Tennessee-based construction analyst The Market Edge Inc.

According to the latest report from the U.S. Census Bureau, the annual rate of construction spending nationally reached $885 billion in February, up 1.2% from the previous month and 7.9% from a year ago. Residential construction accounted for most of that annual gain, increasing 20%.

In the Greenville and Spartanburg metro areas, residential construction has picked up considerably this year.

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    Categories : Greenville, Spartanburg

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