NON-RESIDENTIAL BUILDING FUTURES
Non-residential building is showing early signs of a bullish year. In January the total value of non-residential building permits issued in the county was $146.5 million, a 60% increase over January, 1989. San Bernardino and San Diego counties also showed gains from 1989, though much smaller on a percentage basis. Los Angeles and Riverside counties lagged behind their 1989 pace.
Orange County led the five-county area in the value of permits issued for hotels/motels, industrial buildings and, despite a glut of space, new office buildings. Valuations for stores/mercantile buildings and for alterations/additions were lower than January, 1989. Orange County’s numbers in January are at least somewhat remarkable in that in January, 1989, Los Angeles County, as is normal, dominated all five building categories as well as overall valuations.
Amounts listed in thousands of dollars; not adjusted for inflation
% of 1990 January January 1989-1990 Five-County County 1989 1990 % Change Total TOTAL NON-RESIDENTIAL BUILDING Los Angeles $244,152 $215,396 -12 40 Orange 91,677 146,480 +60 27 Riverside 59,990 38,155 -36 7 San Bernardino 51,599 62,783 +22 11 San Diego 66,540 81,449 +22 15 Five-County Total $513,958 $544,263 +6 100 STATE TOTAL $868,816 $885,861 +2 -- INDUSTRIAL BUILDINGS Los Angeles $23,472 $16,666 -29 23 Orange 9,479 20,350 +115 28 Riverside 11,054 12,728 +15 18 San Bernardino 31,075 19,959 -36 28 San Diego 2,537 2,571 +1 3 Five-County Total $77,617 $72,274 -7 100 STATE TOTAL $107,858 $99,883 -7 -- OFFICE BUILDINGS Los Angeles $22,641 $20,339 -10 35 Orange 14,345 23,213 +62 40 Riverside 19,009 2,651 -86 5 San Bernardino 3,221 5,148 +60 9 San Diego 7,627 6,144 -19 11 Five-County Total $66,843 $57,495 -14 100 STATE TOTAL $143,057 $86,453 -40 -- STORES/MERCANTILE BUILDINGS Los Angeles $38,527 $38,350 * 47 Orange 14,720 11,606 -21 14 Riverside 10,855 5,659 -48 7 San Bernardino 5,621 7,808 +39 9 San Diego 16,079 18,784 +17 23 Five-County Total $85,802 $82,207 -4 100 STATE TOTAL $138,730 $161,330 +16 -- HOTELS/MOTELS Los Angeles $24,800 $1,966 -92 15 Orange 0 10,115 -- 76 Riverside 670 969 +45 7 San Bernardino 273 228 -16 2 San Diego 9,111 0 -- 0 Five-County Total $34,854 $13,278 -62 100 STATE TOTAL $46,600 $20,067 -57 -- ALTERATIONS/ADDITIONS Los Angeles $94,698 $109,031 +15 57 Orange 35,651 34,839 -2 18 Riverside 5,230 6,643 +27 4 San Bernardino 6,763 14,754 +118 8 San Diego 22,513 24,814 +10 13 Five-County Total $164,855 $190,081 +15 100 STATE TOTAL $295,238 $346,776 +17 --
% of 1990 State County Total TOTAL NON-RESIDENTIAL BUILDING Los Angeles 24 Orange 17 Riverside 4 San Bernardino 7 San Diego 9 Five-County Total 61 STATE TOTAL 100 INDUSTRIAL BUILDINGS Los Angeles 17 Orange 20 Riverside 13 San Bernardino 20 San Diego 2 Five-County Total 72 STATE TOTAL 100 OFFICE BUILDINGS Los Angeles 24 Orange 27 Riverside 3 San Bernardino 6 San Diego 7 Five-County Total 67 STATE TOTAL 100 STORES/MERCANTILE BUILDINGS Los Angeles 24 Orange 7 Riverside 3 San Bernardino 5 San Diego 12 Five-County Total 51 STATE TOTAL 100 HOTELS/MOTELS Los Angeles 10 Orange 50 Riverside 5 San Bernardino 1 San Diego 0 Five-County Total 66 STATE TOTAL 100 ALTERATIONS/ADDITIONS Los Angeles 32 Orange 10 Riverside 2 San Bernardino 4 San Diego 7 Five-County Total 55 STATE TOTAL 100
* Less than 1%
NON-RESIDENTIAL PERMIT VALUATIONS TREND March 1989: $177,632 November 1989: $82,815 December 1989: $177,212 January 1990: $146,480
Source: Construction Industry Research Board
