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 |
