Most bidding projects were public, which rose 66.7 percent. Private construction activity increased 5.4 percent. The total value of all the Florida Major-Metro projects reported on BidClerk that bid in the 2nd quarter of 2013 was $4,178,988,643.
In a quarter-over-quarter analysis for construction projects actively bidding, the major-metro regions in Florida experienced a modest increase of 3.9 percent.
In a year-over-year analysis for the Miami region, combined public and private construction projects actively bidding increased 30.5 percent. A BCI quarter-over-quarter analysis finds that private and public construction projects actively bidding in Miami increased 4.8 percent compared to data reported in the first quarter of 2013.
In a year-over-year analysis for the Orlando region, public and private construction projects actively bidding increased 46.6 percent. Quarter-over-quarter, the private and public construction projects actively bidding increased 21.7 percent.
In a year-over-year analysis for the Tampa-St. Pete region, public and private construction projects actively bidding increased 40.3 percent. Quarter-over-quarter, private and public construction projects actively bidding increased 1 percent.
© 2013 Florida Realtors®
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