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2014 poised to be boom year for builders

0

Staff report

December building permit reports indicate that the construction business will do well in 2014 in the central Indiana area.

Single-family building permits increased 21 percent compared to November numbers and increased 19 percent over 2012 numbers. There were 4,959 new home permits issued in 2013 compared to 4,182 in 2012.

“This is a true indicator of a strong economy in central Indiana,” said Steve Lains, CEO of the Builders Association of Greater Indianapolis. “We have continued to see permit numbers steadily increase and forecasters are predicting numbers to hold strong in 2014; proving that a growing housing market is critical to a stable economy.”

In central Indiana, the permits issued through December 2013 are poised to create a total economic impact of $888,076,580 in local income, $201,608,085 in local taxes, and 15,036 local jobs.

Central Indiana building permits

County Total permits Local income Local taxes Local jobs
Boone 490  $87,751,064 $19,920,944 1,486
Hamilton 1,899  $340,080,142 $77,203,822 5,758
Hancock 264  $47,278,124 $10,732,917 800
Hendricks 695  $124,463,243 $28,255,217 2,107
Johnson 623  $111,569,209 $25,328,058 1,889
Madison 83  $14,863,956 $3,374,364 252
Marion 731  $130,910,260 $29,718,796 2,216
Morgan 101  $18,087,464 $4,106,154 306
Shelby 73  $13,073,118 $2,967,814 221
Totals: 4,959  $888,076,580  $201,608,085 15,036

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2014 poised to be boom year for builders

0

Staff report

December building permit reports indicate that the construction business will do well in 2014 in the central Indiana area.

Single-family building permits increased 21 percent compared to November numbers and increased 19 percent over 2012 numbers. There were 4,959 new home permits issued in 2013 compared to 4,182 in 2012.

“This is a true indicator of a strong economy in central Indiana,” said Steve Lains, CEO of the Builders Association of Greater Indianapolis. “We have continued to see permit numbers steadily increase and forecasters are predicting numbers to hold strong in 2014; proving that a growing housing market is critical to a stable economy.”

In central Indiana, the permits issued through December 2013 are poised to create a total economic impact of $888,076,580 in local income, $201,608,085 in local taxes, and 15,036 local jobs.

Central Indiana building permits

County Total permits Local income Local taxes Local jobs
Boone 490  $87,751,064 $19,920,944 1,486
Hamilton 1,899  $340,080,142 $77,203,822 5,758
Hancock 264  $47,278,124 $10,732,917 800
Hendricks 695  $124,463,243 $28,255,217 2,107
Johnson 623  $111,569,209 $25,328,058 1,889
Madison 83  $14,863,956 $3,374,364 252
Marion 731  $130,910,260 $29,718,796 2,216
Morgan 101  $18,087,464 $4,106,154 306
Shelby 73  $13,073,118 $2,967,814 221
Totals: 4,959  $888,076,580  $201,608,085 15,036

Current Morning Briefing Logo

Stay CURRENT with our daily newsletter (M-F) and breaking news alerts delivered to your inbox for free!

Select list(s) to subscribe to



By submitting this form, you are consenting to receive marketing emails from: Current Publishing, 30 S. Range Line Road, Carmel, IN, 46032, https://www.youarecurrent.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Share.

2014 poised to be boom year for builders

0

Staff report

December building permit reports indicate that the construction business will do well in 2014 in the central Indiana area.

Single-family building permits increased 21 percent compared to November numbers and increased 19 percent over 2012 numbers. There were 4,959 new home permits issued in 2013 compared to 4,182 in 2012.

“This is a true indicator of a strong economy in central Indiana,” said Steve Lains, CEO of the Builders Association of Greater Indianapolis. “We have continued to see permit numbers steadily increase and forecasters are predicting numbers to hold strong in 2014; proving that a growing housing market is critical to a stable economy.”

In central Indiana, the permits issued through December 2013 are poised to create a total economic impact of $888,076,580 in local income, $201,608,085 in local taxes, and 15,036 local jobs.

Central Indiana building permits

County Total permits Local income Local taxes Local jobs
Boone 490  $87,751,064 $19,920,944 1,486
Hamilton 1,899  $340,080,142 $77,203,822 5,758
Hancock 264  $47,278,124 $10,732,917 800
Hendricks 695  $124,463,243 $28,255,217 2,107
Johnson 623  $111,569,209 $25,328,058 1,889
Madison 83  $14,863,956 $3,374,364 252
Marion 731  $130,910,260 $29,718,796 2,216
Morgan 101  $18,087,464 $4,106,154 306
Shelby 73  $13,073,118 $2,967,814 221
Totals: 4,959  $888,076,580  $201,608,085 15,036

Current Morning Briefing Logo

Stay CURRENT with our daily newsletter (M-F) and breaking news alerts delivered to your inbox for free!

Select list(s) to subscribe to



By submitting this form, you are consenting to receive marketing emails from: Current Publishing, 30 S. Range Line Road, Carmel, IN, 46032, https://www.youarecurrent.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
Share.

2014 poised to be boom year for builders

0

Staff report

December building permit reports indicate that the construction business will do well in 2014 in the central Indiana area.

Single-family building permits increased 21 percent compared to November numbers and increased 19 percent over 2012 numbers. There were 4,959 new home permits issued in 2013 compared to 4,182 in 2012.

“This is a true indicator of a strong economy in central Indiana,” said Steve Lains, CEO of the Builders Association of Greater Indianapolis. “We have continued to see permit numbers steadily increase and forecasters are predicting numbers to hold strong in 2014; proving that a growing housing market is critical to a stable economy.”

In central Indiana, the permits issued through December 2013 are poised to create a total economic impact of $888,076,580 in local income, $201,608,085 in local taxes, and 15,036 local jobs.

Central Indiana building permits

County Total permits Local income Local taxes Local jobs
Boone 490  $87,751,064 $19,920,944 1,486
Hamilton 1,899  $340,080,142 $77,203,822 5,758
Hancock 264  $47,278,124 $10,732,917 800
Hendricks 695  $124,463,243 $28,255,217 2,107
Johnson 623  $111,569,209 $25,328,058 1,889
Madison 83  $14,863,956 $3,374,364 252
Marion 731  $130,910,260 $29,718,796 2,216
Morgan 101  $18,087,464 $4,106,154 306
Shelby 73  $13,073,118 $2,967,814 221
Totals: 4,959  $888,076,580  $201,608,085 15,036

Current Morning Briefing Logo

Stay CURRENT with our daily newsletter (M-F) and breaking news alerts delivered to your inbox for free!

Select list(s) to subscribe to



By submitting this form, you are consenting to receive marketing emails from: Current Publishing, 30 S. Range Line Road, Carmel, IN, 46032, https://www.youarecurrent.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact
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