For major-metro regions in the Southwest U.S., including Phoenix-Mesa-Glendale, AZ; Prescott, AZ; Tucson, AZ; Yuma, AZ; Las Vegas-Paradise, NV; Reno-Sparks, NV; Albuquerque, NM; and Santa Fe, NM, the BidClerk Construction Index™ (BCI) reported a 24.2% increase in private and public construction projects that were actively bidding in a year-over-year analysis. Private and public construction activity increased 11.5% and 31.0% respectively. The total value of all the Southwest U.S. Major-Metro projects reported on BidClerk that bid in the 2nd quarter of 2013 was $1,743,860,401.
In a quarter-over-quarter analysis for all construction projects that were actively bidding, the major-metro regions in the Southwest experienced an increase of 7.6%. The BCI found that second quarter 2013 private projects were down (-14.5%), but public construction increased 22.7% compared to the 1st quarter of 2013.
