Massachusetts Q3 Construction Data Report

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Permit Value Municipality Oct. '14 Nov. '14 Dec. '14 Jan. '15 Feb. '15 Boston $149,226,657 $209,301,814 $336,406,200 $352,498,758 $240,569,105 Brookline $9,000,906 $7,382,237 $5,993,561 $3,135,433 $6,707,659 Cambridge $114,189,798 $36,042,019 $78,551,115 $45,090,120 $15,046,000 Framingham $14,232,398 $6,783,696 $7,929,797 $46,837,209 $4,971,271 Newton $36,032,304 $16,525,015 $26,157,019 $7,725,061 $10,203,285 Quincy $8,921,039 $5,604,726 $3,866,416 $2,934,449 $10,751,134 Mass State $188,182,825 $121,861,832 $525,877,009 $168,115,871 $44,117,541 Somerville $11,538,686 $8,467,895 $53,132,966 $9,013,094 $8,887,938 Worcester $18,124,304 $4,649,215 $29,428,541 $4,046,552 $8,398,696 Northampton $9,330,422 $11,002,510 $2,347,040 $933,372 $1,866,393 Southborough $2,336,648 $2,346,091 $1,530,482 $458,649 $1,146,059 Malden $2,133,310 $2,268,769 $3,508,224 $2,663,548 $822,664 New Bedford $2,431,298 $9,328,384 $3,431,800 $2,797,825 $2,461,784 Brockton $3,981,582 $2,816,896 $2,063,959 $2,289,765 $5,298,073 Springfield $14,823,414 $9,529,081 $6,540,137 $9,494,288 $5,755,212 Everett $3,087,973 $1,874,557 $1,354,725 $1,159,103 $398,015 Stoughton $8,576,207 $884,873 $2,353,181 $2,302,440 $1,884,359 Amherst $27,122,107 $2,109,257 $1,405,973 $1,643,541 $40,043,504 Totals $623,271,878 $458,778,867 $1,091,878,145 $663,139,078 $409,328,693 December broke the $1B mark for our sample communities. We believe this may be due to an outlier month from Mass state properties. We intend to watch the upcoming December for any pattern.

Transcript of Massachusetts Q3 Construction Data Report

Page 1: Massachusetts Q3 Construction Data Report

Permit Value Municipality Oct. '14 Nov. '14 Dec. '14 Jan. '15 Feb. '15Boston $149,226,657 $209,301,814 $336,406,200 $352,498,758 $240,569,105Brookline $9,000,906 $7,382,237 $5,993,561 $3,135,433 $6,707,659Cambridge $114,189,798 $36,042,019 $78,551,115 $45,090,120 $15,046,000Framingham $14,232,398 $6,783,696 $7,929,797 $46,837,209 $4,971,271Newton $36,032,304 $16,525,015 $26,157,019 $7,725,061 $10,203,285Quincy $8,921,039 $5,604,726 $3,866,416 $2,934,449 $10,751,134Mass State $188,182,825 $121,861,832 $525,877,009 $168,115,871 $44,117,541Somerville $11,538,686 $8,467,895 $53,132,966 $9,013,094 $8,887,938Worcester $18,124,304 $4,649,215 $29,428,541 $4,046,552 $8,398,696Northampton $9,330,422 $11,002,510 $2,347,040 $933,372 $1,866,393Southborough $2,336,648 $2,346,091 $1,530,482 $458,649 $1,146,059Malden $2,133,310 $2,268,769 $3,508,224 $2,663,548 $822,664New Bedford $2,431,298 $9,328,384 $3,431,800 $2,797,825 $2,461,784Brockton $3,981,582 $2,816,896 $2,063,959 $2,289,765 $5,298,073Springfield $14,823,414 $9,529,081 $6,540,137 $9,494,288 $5,755,212Everett $3,087,973 $1,874,557 $1,354,725 $1,159,103 $398,015Stoughton $8,576,207 $884,873 $2,353,181 $2,302,440 $1,884,359Amherst $27,122,107 $2,109,257 $1,405,973 $1,643,541 $40,043,504Totals $623,271,878 $458,778,867 $1,091,878,145 $663,139,078 $409,328,693

December broke the $1B mark for our sample communities. We believe this may be due to an outlier month from Mass state properties. We intend to watch the upcoming December for any pattern.

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Permit Value Municipality Mar. '15 Apr. '15 May '15 Jun. '15 Jul. '15Boston $400,602,744 $213,890,134 $529,514,850 $669,196,604 $269,685,876Brookline $7,953,927 $10,655,746 $9,538,541 $13,434,972 $8,072,022Cambridge $45,792,226 $95,141,960 $317,319,868 $69,852,885 $204,903,063Framingham $9,961,920 $16,791,691 $12,661,410 $6,632,148 $9,508,019Newton $14,977,449$15,763,567 $28,956,873 $25,411,446 $27,646,626Quincy $8,254,482 $24,701,828 $112,043,803 $54,054,835 $66,936,822Mass State $201,095,527 $40,614,036 $57,989,384 $68,713,636 $181,524,335Somerville $40,102,232 $7,519,778 $134,353,007 $8,178,000 $88,786,000Worcester $14,934,377 $36,972,103 $17,048,076 $31,810,627 $12,966,195Northampton $3,553,584 $5,297,676 $4,715,000 $12,144,000 $2,798,000Southborough $1,170,111 $632,537 $9,198,279 $1,808,337 $1,777,572New Bedford $2,858,469 $3,178,127 $3,200,466 $3,163,465 $3,335,065Brockton $2,861,485 $6,993,834 $3,941,282 $5,961,216 $8,989,330Springfield $6,110,100 $59,673,832 $9,654,625 $12,479,597 $8,136,685Stoughton $1,749,400 $5,910,418 $2,722,159 $4,914,633 $3,259,553Amherst $6,542,839 $6,093,678 $7,873,148 $5,578,502 $23,569,655Totals $772,274,299 $552,429,829 $1,268,091,258$995,835,903 $926,453,818

In May, June & July the sample communities permitted approximately $1B.Led by notably high months from Quincy and Somerville

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Permit Value Municipality Aug. '15 Sep. '15 TotalsBoston $199,727,127 $516,596,933 $4,242,443,058Brookline $17,049,304 $10,662,324 $140,446,459Cambridge $68,156,330 $144,928,862 $1,468,111,448Framingham $7,830,285 $8,576,079 $163,158,835Newton $23,357,764 $23,912,533 $272,358,204Quincy $16,674,371 $11,527,408 $338,674,133Mass State $19,297,637 $26,202,689 $1,691,970,458Somerville $17,575,951 $11,921,458 $418,763,665Worcester $6,992,060 $10,581,463 $215,930,136Northampton $3,499,879 $7,068,556 $76,319,730Southborough $4,420,435 $1,529,793 $29,932,848New Bedford $14,956,147 $3,612,980 $57,323,694Brockton $3,257,437 $53,199,960Springfield $12,248,824 $11,049,750 $189,478,267Stoughton $2,466,841 $2,120,871 $40,835,564Amherst $6,745,918 $1,941,464 $152,798,547Totals $424,256,310 $792,233,163 $8,977,971,242

Our sample communities over the last 12 months have permitted over $8B & we are projecting year end statewidein Massachusetts to have permitted approximately $12.4B in building construction. Keep a watch on the AGC MA website for the upcoming full Q3 report