ORLANDO-Building permit activity for multifamily and single-family shelter in the metro area is slowing for the first time since June 1999, according to a new study completed by Dr. David F. Scott Jr., executive director of the Dr. Phillips Institute for the Study of American Business Activity.

“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.

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