San Francisco, CA (PRWEB) February 13, 2014
Today, BuildZoom released a report analyzing the performance of the San Francisco construction and remodeling sector in 2013. While the national as a whole grew at an annual rate of 9.3%, the City and County of San Francisco grew at an annual rate of 1.2% based on the total number of building permits issued in the year.
Although the industry experienced a slight increase in activity based on number of projects approved through the year, the cumulative value of these projects represented a 34% decline over the previous year. This trend was heavily influenced by a drop in the number of approved commercial projects with a valuation greater than $10 million.
The report also details the most active and highest grossing San Francisco contractors in 2013.
The full report is freely available to the general public on the BuildZoom Website.
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