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County’s Construction Activity Up 15% in Year

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Construction activity in Ventura County in 1994 increased 15% over 1993, according to Dataquick Information Systems.

The real estate reporting service said construction loans issued in the county last year totaled $147 million, compared with $128 million the previous year.

The report does not include the final week of either year, but Dataquick said it was unlikely that the trend changed significantly.

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Ventura County trailed Southern California and the state as a whole in construction growth last year. The construction activity pace increased almost 24% in Southern California in 1994 and nearly 30% statewide.

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