Economists Expect Strong Year For Orange County
Yardi (ROY-Matrix-Office) LOC PO 12187
December 11, 2017

Economists Expect Strong Year
For Orange County

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An increase in residential and multifamily permits will drive job growth in the construction industry in Orange County in 2018, local economists said.

Chapman University last week released its annual Orange County Economic Forecast and the outlook is strong for the county and the commercial real estate industry in the coming year.

Construction job growth increased 5.7% in 2016 before falling to 4.8% in 2017. The Chapman economists said the decline in construction job growth last year was due to a drop in the number of residential permits. But in the coming year,…

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