Page 28 - January_Sites

FOR IMMEDIATE RELEASE
2014 BUILDING PERMITS
Contact: CarrieCason,DirectorofCommunications Phone: 317‐236‐6330
2014 numbers come in above 2013 –
Cell: 317‐696‐5939
creating over 15,000 local jobs this year
Email: carriec@bagi.com December year-end building permit
In the Greater Indianapolis
Nine-County region, the permits
issued through December 2014
have created a total economic
January 13, 2015
reports indicate that in the Greater
Indianapolis Nine-County area,
Single-Family Building Permits
2014 numbers come in above 2013 – creating over 15,000
increased 3 percent compared to impact of $910,462,055 in local
year-end 2013 numbers. In 2014, income, $206,689,959 in local
there was 5,084 new home permits taxes, and 15,415 local jobs
Indianapolis, IN – December year‐end building permit reports indicate issued compared to 4,959 in 2013, (see chart below).
creating over 15,000 local jobs in
Nine‐County area, Single‐Family Building Permits increased 3 percent c
our local economy this year.
numbers. In 2014, there was 5,084 new home permits issued compare
“It’s an extremely positive sign that we
15,000 local jobs in our local economy this year.
ended the year with permit numbers
up from last year,” says Steve Lains,
CEO of the Builders Association of
“It’s an extremely positive sign that we ended the year with permit nu
Greater Indianapolis. “It’s a definite
indSicteatvoer Lthaaint sth, eClEoOcaol fectohneoBmuyilids ers Association of Greater Indianapolis. “It
improving and we are expecting an
local economy is improving and we are expecting an even stronger 201
even stronger 2015, anticipating a 10 pergcreonwt tghroowvtehro2ve0r1240.1”4s.”ayssayLsaLinasin.s.
In the Greater Indianapolis Nine‐County region, the permits issued through December 2014 have created a total economic impact of $910,462,055 in local income, $206,689,959 in local taxes, and 15,415 local jobs (see chart below).ECONOMIC IMPACT
County Total Permits Local Income Local Taxes Local Jobs
Boone
424
$ 75,931,533
17,237,715
1,286
Hamilton
1,833
$ 328,260,611
74,520,593
5,558
Hancock
350
$ 62,679,331
14,229,246
1,061
Hendricks
749
$ 134,133,769
30,450,586
2,271
Johnson
629
$ 112,643,712
25,571,987
1,907
Madison
97
$ 17,371,129
3,943,534
294
Marion
813
$ 145,595,132
33,052,505
2,465
Morgan
124
$ 22,206,392
5,041,219
376
Shelby
65
$ 11,640,447
2,642,574
197
Totals:
5,084
$ 910,462,055
$ 206,689,959
15,415
28
The Builders Association of Greater Indianapolis is a professional trade association representing residential homebuilders, associates and remodelers. For more information call 317‐236‐6330; or visit
local jobs this year
hat in the Greater Indianapolis mpared to year‐end 2013
to 4,959 in 2013, creating over
bers up from last year,” says ’s a definite indicator that the
, anticipating a 10 percent
t o d
m 5
www.BAGI.com for permits from 2000‐2014.