CONSTRUCTION VALUATIONS

The value of non-residential building in Orange County during 1988 increased 3.4% above 1987. However, there were declines from 1987 in industrial buildings and stores/mercantile buildings. Here’s a comparison, in thousands of 1988 dollars and adjusted for inflation, of Orange to the contiguous four counties in the value of five major non-residential categories as well as total non-residential building:

INDUSTRIAL BUILDINGS

% of 1988 % of 1988 1987-’88 Five-county State County Total 1987 Total 1988 % Change Total Total Los Angeles $459,222 $459,940 +0.2 42 26 Orange 162,598 141,293 -13.1 13 8 Riverside 110,898 121,267 +9.4 11 7 San Bernardino 256,312 261,875 +2.2 24 14 San Diego 134,652 112,751 -16.3 10 6 5-County Total 1,123,682 1,097,126 -2.3 100 61 STATE TOTAL $1,865,266 $1,785,224 -4.3 -- 100

Orange County permit valuations 1988: $141,293 OFFICE BUILDINGS

% of 1988 % of 1988 1987-’88 Five-county State County Total 1987 Total 1988 % Change Total Total Los Angeles $832,709 $1,142,366 +37.2 58 42 Orange 406,668 435,227 +7.0 22 16 Riverside 49,344 61,176 +24.0 3 2 San Bernardino 44,229 65,314 +47.7 3 2 San Diego 326,130 278,041 -14.7 14 10 5-County Total 1,659,080 1,982,124 +19.5 100 72 STATE TOTAL $2,339,114 $2,744,030 +17.3 -- 100

Orange County permit valuations 1988: $435,227 STORES/MERCANTILE BUILDINGS

% of 1988 % of 1988 1987-’88 Five-county State County Total 1987 Total 1988 % Change Total Total Los Angeles $580,781 $577,004 -0.6 41 25 Orange 265,143 242,566 -8.5 18 11 Riverside 112,344 135,723 +20.8 10 6 San Bernardino 248,942 229,407 -7.8 16 10 San Diego 140,461 215,361 +53.3 15 9 5-County Total 1,347,671 1,400,061 +3.9 100 61 STATE TOTAL $2,211,311 $2,300,896 +4.0 -- 100

Orange County permit valuations 1988: $242,566 HOTELS/MOTELS

% of 1988 % of 1988 1987-’88 Five-county State County Total 1987 Total 1988 % Change Total Total Los Angeles $177,603 $260,450 +46.6 56 39 Orange 81,602 90,307 +10.7 19 14 Riverside 110,085 23,972 -78.2 5 4 San Bernardino 20,597 8,958 -56.5 2 1 San Diego 96,439 85,821 -11.0 18 13 5-County Total 486,326 469,508 -3.5 100 71 STATE TOTAL $623,130 $663,509 +6.5 -- 100

Orange County permit valuations 1988: $90,307 NON-RESIDENTIAL ALTERATIONS/ADDITIONS

% of 1988 % of 1988 1987-’88 Five-county State County Total 1987 Total 1988 % Change Total Total Los Angeles $1,335,576 $1,380,551 +3.4 62 34 Orange 382,790 409,900 +7.1 18 10 Riverside 70,007 64,843 -7.4 3 2 San Bernardino 92,827 115,308 +24.2 5 3 San Diego 303,989 271,266 -10.8 12 7 5-County Total 2,185,189 2,241,868 +2.6 100 56 STATE TOTAL $3,810,662 $4,018,581 +5.5 -- 100

Orange County permit valuations 1988: $409,900 TOTAL NON-RESIDENTIAL BUILDING

% of 1988 % of 1988 1987-’88 Five-county State County Total 1987 Total 1988 % Change Total Total Los Angeles $4,116,179 $4,710,378 +14.4 54 34 Orange 1,532,328 1,583,784 +3.4 18 11 Riverside 582,463 555,915 -4.6 6 4 San Bernardino 732,679 761,968 +4.0 9 5 San Diego 1,333,741 1,180,389 -11.5 13 8 5-County Total 8,297,390 8,792,434 +6.0 100 62 STATE TOTAL $13,422,239 $14,112,737 +5.2 -- 100

Orange County permit valuations 1988: $1,583,784

Source: Construction Industry Research Board