Contracts for future construction in Utah, as reported by the F.W. Dodge Division of McGraw-Hill Inc., were down 15 percent to $81.4 million from $95.5 million in the same month a year ago.
George A. Christie, vice president and chief economist for Dodge, said non-residential construction contracts for November increased 15 percent from $22.1 million to $25.4 million; residential contracts increased 5 percent from $43.3 million to $45.3 million and non-building contracts decreased 64 percent from $95.5 million to $81.4 million.In the first 11 months of the year, Dodge reported contracts totaling $1.5 billion, a 5 percent decrease from $1.6 billion in the same period a year ago.
Breaking the total down, non-residential contracts decreased 22 percent to $553 million from $705 million; residential increased 34 percent to $702 million from $522.8 million; and non-building decreased to $273.7 million from $387.2 million in the same period a year ago.
For the Salt Lake, Davis and Weber counties area, Dodge reported future construction contracts for November of $28.7 million, a 25 percent decrease from $38.1 million in the same month a year ago.
Non-residential contracts decreased 43 percent to $8.7 million from $15.3 million in November a year ago and residential contracts decreased 12 percent to $28.7 million from $38.1 million.
For the first 11 months of 1990 in the three counties, construction contracts increased 28 percent to $737.3 million from $575.5 million. Non-residential contracts increased 24 percent to $375 million from $302 million, and residential contracts increased 33 percent to $362.2 million from $272.8 million.