The New York herald., 1922-03-13
FEBRUARY SHOWED
GAIN IN BUILDING
Increase Over Same Period in
1872! Was 73 p. G.: Squirt in
Business Structures.

February construction activity was
rs per cent, greater in volume than it
was in the corresponding month OF last
year. according to the +. w. Dodge
Company. The total amount Of con-
tracts awarded last month in the twenty
seven Northeastern States of the ccun-
try amounted to $177.365.0 900, an in
crease of per cent. over January and
the second largest February total on the
Dodge Company's record.
A significant feature of the February
construction record Is the increase in
business buildings over January. The
increase in square feet of space con-
tracted for was 80 per cent. and the in
crease in total cost was 65 per cent.
February business buildings amounted
to s39.1S0.000. or 22 per cent of the
months total, an unusually high per-
centage for this class. which was ex-
ceeded orly by residential building,
amounting to s75.703.000, or 43 per cent.
of the total Public works and utilities
took third place, amounting to S21.193,-
000 or i2 per cent. Of the total.
The accumulated volume OF construc-
ton since the first of the year has been
so ner cent. greater than in the first two
months of last year. Contemplated new
work reported in the first two months
has amounted to over eight hundred mill
lion dollars. more than double the
amount of work placed under contract
in the same period.
In New York and New Jersey.
February building contracts in New
York State and northern New Jersey
amounted to s59.32S.000. the largest
recorded February total for the district.
This figure shows an increase of per
cent over that for the previous month
and is two and a half times the figure
for February. 1921.
The February, 1922. total included
sSS374,000. or 65 per cent, for resi-
Dental buildings: s1O.117.o00, or II per
cent, for business buildings. and s2,S51.-
600 or per cent. for industrial build
ings. Contemplated new work reported
during the month amounted to sS2,-
$4,000.
Contracts awarded in the New Eng
lerd States during February amounted
10 SIS, ,62S, ZOO. This was more than double
the amount for February or last year
and only per cent. under January Of
II Is year. It is the second largest Feb
ruary total on record for this district.
Among the items included in the Feb
ruary 1922. total were the following
s., III. 600, or 80 per cent. for business
buildings; s., .36S. 900. OF % per cent. for
residential buildings; sf,599, 900. or 10
per cent, for educational buildings :;
81 ,041. 600, or per cent. for industrial
buildings.
The volume of contemplated new work
reported continues large. the amount in
February having been slS. 900. or near
| ~ three times the amount of wors
actually started.
February building contracts in the
| Middle Atlantic States eastern Pennsyi-
| vana. southern New Jersey. Delaware,
| Maryland. District OF Columbia and the
| Caro- tuas) amounted to $27.3S7 900. an in
crease Of 10 per cent. over January and
e7 per cent. over the corresponding
month OF last year.
! Included In the February total were;
SO, ,527. 900. or As per cent. for residential
buildings: $685.. 900, or IL per cent. for
business huildings; s3.5e0.0c0 or 10 per
| cent. for public works and utilities, and
| t326S, 900. or 12 per cent, for hospitals
nd institutions
| Contemplated new work reported dur
/ ing the month amounted to So, ,ois,oN,
irore than double the amount Of con-
4 tracts AWARDED.
Contracts awarded during February in
western Pennsylvania, West Virginia.
Ohio. Kentucky and Tennessee amounted
| TO 80, ,Ssl 900. Although this is per cent.
under the January figure it Is 2s per
cent. ahead of the figure for February.
| 1921 This February total for this dis
trict was exceeded only once before. in
February. 1920.
| Included in last months total were:
| sS.044. 900. or 32 per cent, for business
buildings: ss.70sooo or - per cent. for
residential buildings: sS.5S2.000. or u PEI
cent. for public works and utilities, and
| 81. .0Gs. 900. or per cent, for industrial
| buildings.
| Contemplated new work reported dur
| ing the month amounted to $40, Si3. 600
nearly double the amount OF contracts
! awarded.