NONRESIDENTIAL BUILDING PERMIT VALUATIONS

As summer came to an end, the total value of nonresidential building permits issued in the county during 1989 continued lower than the comparable amount of last year. During the first eight months, $1.02 billion worth of such permits were awarded, 4% less than in 1988’s first eight months.

In neighboring counties, Los Angeles (-14%) is also running behind last year. But Riverside (+21%), San Diego (+19) and San Bernardino (+6%) county valuations increased.

In only one of the five basic categories of nonresidential permits were Orange County’s valuations higher than the year before--alterations and additions, up 15%. In each of the other four--industrial buildings (-5%), office buildings (-14%), stores/mercantile buildings (-24%) and hotels/motels (-14%)--valuations were off compared to 1988.

Although hotels/motels, stores and office building totals had consistently lagged behind last year, August marked the first time that permit totals for new industrial buildings fell below 1988 on a year-to-date basis.

% of 1989 Jan.-Aug. Jan.-Aug. 1988-1989 Five-County County 1988 1989 % Change Total TOTAL NONRESIDENTIAL BUILDING Los Angeles $3,233,420 $2,790,282 -14 50 Orange 1,063,847 1,020,776 -4 18 Riverside 374,725 454,231 +21 8 San Bernardino 499,054 527,182 +6 9 San Diego 719,279 854,411 +19 15 Five-County Total 5,890,325 5,646,882 -4 100 STATE TOTAL $9,544,939 $9,023,632 -5 -- INDUSTRIAL BUILDINGS Los Angeles 311,699 270,339 -13 38 Orange 88,845 84,217 -5 12 Riverside 86,381 91,865 +6 13 San Bernardino 162,075 168,930 +4 23 San Diego 64,705 100,984 +56 14 Five-County Total 713,705 716,335 * 100 STATE TOTAL $1,148,719 $1,128,996 -2 -- OFFICE BUILDINGS Los Angeles 802,043 689,565 -14 53 Orange 307,574 263,344 -14 20 Riverside 38,127 53,264 +40 4 San Bernardino 47,685 56,913 +19 4 San Diego 187,869 242,984 +29 19 Five-County Total 1,383,298 1,306,070 -10 100 STATE TOTAL $1,967,413 $1,764,356 -10 -- STORES/MERCANTILE BUILDINGS Los Angeles 378,202 298,675 -21 37 Orange 155,625 118,111 -24 15 Riverside 90,571 116,367 +28 15 San Bernardino 156,498 137,702 -12 17 San Diego 102,600 129,076 +26 16 Five-County Total 883,496 799,931 -9 100 STATE TOTAL $1,537,925 $1,374,128 -10 -- HOTELS/MOTELS Los Angeles 159,472 107,176 -33 40 Orange 77,218 66,152 -14 25 Riverside 18,107 7,561 -58 3 San Bernardino 5,394 9,501 +76 4 San Diego 48,731 75,288 +54 28 Five-County Total 308,922 265,678 -14 100 STATE TOTAL $400,564 $365,865 -9 -- ALTERATIONS/ADDITIONS Los Angeles 942,948 961,994 +2 59 Orange 273,405 315,750 +15 20 Riverside 43,910 70,013 +59 4 San Bernardino 69,315 86,426 +25 5 San Diego 170,013 192,378 +13 12 Five-County Total 1,499,591 1,626,561 +8 100 STATE TOTAL $2,705,803 $2,868,522 +6 --

% of 1989 State County Total TOTAL NONRESIDENTIAL BUILDING Los Angeles 31 Orange 11 Riverside 5 San Bernardino 6 San Diego 9 Five-County Total 62 STATE TOTAL 100 INDUSTRIAL BUILDINGS Los Angeles 24 Orange 7 Riverside 8 San Bernardino 15 San Diego 9 Five-County Total 63 STATE TOTAL 100 OFFICE BUILDINGS Los Angeles 39 Orange 15 Riverside 3 San Bernardino 3 San Diego 14 Five-County Total 74 STATE TOTAL 100 STORES/MERCANTILE BUILDINGS Los Angeles 22 Orange 9 Riverside 8 San Bernardino 10 San Diego 9 Five-County Total 58 STATE TOTAL 100 HOTELS/MOTELS Los Angeles 29 Orange 18 Riverside 2 San Bernardino 3 San Diego 21 Five-County Total 73 STATE TOTAL 100 ALTERATIONS/ADDITIONS Los Angeles 34 Orange 11 Riverside 2 San Bernardino 3 San Diego 7 Five-County Total 57 STATE TOTAL 100

Amounts listed in thousands of dollars; not adjusted for inflation

* Less than 1%

Source: Construction Industry Research Board