"Orlando's cooling over the first half did moderate a tad from the 38.1% slippage evidenced over the first-quarter comparison," Scott tells GlobeSt.com.
The Institute's quarterly index of private construction intensity ranked Orlando seventh highest in the nation, behind Las Vegas, the Charlotte-Gastonia-Rock Hill area, Phoenix-Mesa, Atlanta, Raleigh-Durham-Chapel Hill and Austin, TX-San Marcos.
Orlando generated 13.56 authorized building permits for single and multifamily dwellings when scaled per 1,000 non-farm jobs within the local metropolitan statistical area. This volume was 25.7% decline from the comparable 1999 period.
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