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McGraw Hill: Residential Construction in Miami Down 11% in August

by Peter Thomas Ricci

Construction in the Magic City declined somewhat in August, though the city is still putting up some of the best numbers in the nation.

mcgraw-hill-construction-data-august-construction-spending-housing-recovery

First, the bad news – residential construction in Miami fell 11 percent from August 2012 to August 2013.

Now, the good news – at the same time, residential building was still a hefty $426 million, and year-to-date, the metro area’s $2.662 billion tally represents a robust 34 percent increase, according to the latest numbers from McGraw Hill Construction.

How does Miami compare with the rest of the pack? See our graphic below to find out.

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