Total number of approved building permits went down by 1.8 percent
The total number of approved building permits during the fourth quarter of 2006 reached 24,330, representing a decrease of 1.8 percent from the 24,777 approved building permits recorded during the same period of 2005.
Approved building permits for residential building construction dropped by 1.8 percent to 16,096 from 16,383 during the same period of 2005.
Those for non-residential building construction, on the other hand, jumped by 37.4 percent to 4,380 approved building permits from 3,187 during the same period of 2005.
Combined approved building permits for additions, alterations and repairs likewise decreased by 26.0 percent to 3,854 from 5,207 approved building permits. Figure 1 compares the number of approved building permits by type for the fourth quarters of 2006 and 2005.