VALUING NEW CONSTRUCTION

(Values stated in thousands of dollars)

% of 1988 Jan.-Sept., Jan.-Sept., 1987-’88 5-County County * 1988 1987 % Change Total INDUSTRIAL BUILDINGS Los Angeles $347,976 $361,148 -4 42 Orange 97,285 136,495 -29 12 Riverside 97,350 59,215 +64 12 San Bernardino 212,974 198,201 +8 25 San Diego 79,920 95,205 -16 9 5-County Total 835,505 850,264 -2 100 STATE TOTAL 1,328,012 1,360,092 -2 -- OFFICE BUILDINGS Los Angeles $1,004,672 556,850 +80 60 Orange 374,056 322,702 +16 22 Riverside 47,039 31,226 +51 3 San Bernardino 56,362 26,877 +110 3 San Diego 203,773 177,947 +15 12 5-County Total 1,685,902 1,115,602 +51 100 STATE TOTAL 2,320,755 1,690,073 +37 -- STORES/MERCANTILE BUILDINGS Los Angeles 472,696 416,637 +14 44 Orange 172,404 193,460 -11 16 Riverside 109,070 89,974 +21 10 San Bernardino 179,680 184,610 -3 17 San Diego 142,319 90,110 +58 13 5-County Total 1,076,169 974,791 +10 100 STATE TOTAL 1,772,067 1,633,365 +9 --

% of 1988 State County Total INDUSTRIAL BUILDINGS Los Angeles 26 Orange 7 Riverside 7 San Bernardino 16 San Diego 6 5-County Total 62 STATE TOTAL 100 OFFICE BUILDINGS Los Angeles 43 Orange 16 Riverside 2 San Bernardino 2 San Diego 9 5-County Total 72 STATE TOTAL 100 STORES/MERCANTILE BUILDINGS Los Angeles 27 Orange 10 Riverside 6 San Bernardino 10 San Diego 8 5-County Total 61 STATE TOTAL 100

* Most recent data available

Source: Construction Industry Research Board