November 24, 2024 5:49 am
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Ariz. construction activity caps off $11.4B fiscal year

www.freestock.ca
www.freestock.ca

By Matthew G. Roy for Arizona Builder’s Exchange

Despite the continued 4th Quarter fiscal year stagnation – with only a 3.3 percent rise in June following similar single-digit climbs for April and May – construction activity in Arizona closed out at $11.4B for the fiscal year, a 13.2 percent increase over the previous term.

May posted $947M in construction sales followed by $953M in June. The sales data are generated by the Arizona Department of Revenue’s monthly Tax Facts report. Taxable sales = construction activity since construction is a taxable activity in the state.

Construction: 

 

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.