Home BizBuzz Construction in Putnam maintains pace, statewide permits trend downward

Construction in Putnam maintains pace, statewide permits trend downward

June 3, 2024

Local numbers for Putnam County and do not include any of the four cities

Construction continued at a normal pace in May 2024. May had 33 permits for $7.4 million worth of construction. 16 of those were for new single-family residential homes.

“In comparison, May 2023 had 40 permits for $7.1 million with 20 of those being new single-family homes,” said Putnam County Mayor Randy Porter. “April permits generated $28,838 in fees which operates the Building Codes Department.”

Across the state, permits trended downward.

Statewide building permits dropped 3% from the revised March rate of 1,485,000 (2% below the April 2023 rate of 1,470,000). 976,000 single‐family buildings were authorized in April, 0.8% below the revised March figure of 984,000, according to Census.gov. Authorizations of units in buildings with five units or more were at a rate of 408,000 in April.

Across the state building permit number were as follows:

Building Permits: 1,440,000
Housing Starts: 1,360,000
Housing Completions: 1,623,000
Local numbers for Putnam County and do not include any of the four cities.

Local numbers for Putnam County and do not include any of the four cities.

Here are the numbers for prior years as a comparison:

2022		2023		2024
Permits	Total Amount	Permits	Total Amount	Permits	Total Amount
28	8,516,500	20	4,990,900	22	3,886,300
39	7,960,443	37	6,653,700	34	8,245,155
30	6,355,500	34	8,705,474	25	7,056,360
46	9,177,568	35	6,924,500	42	8,903,850
39	6,575,375	40	7,075,300	33	7,391,000
51	15,624,742	36	5,922,400
41	9,911,325	36	8,456,000
31	6,679,000	38	7,570,900
30	7,751,000	37	6,171,496
39	5,533,500	47	9,429,590
22	5,041,000	23	4,487,600
11	1,215,000	25	5,829,000

407	90,340,953	408	82,216,860	156	35,482,665