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Permit Numbers Projected to Finish Strong in 2017

Permit Numbers Projected to Finish Strong in 2017

Pat Brister, St. Tammany Parish President, announced today that recently released November permit numbers — both Single Family New Construction (SFNC) and Commercial Construction — indicate that 2017 is slated to be a benchmark permitting year for St. Tammany Parish Government. Single Family New Construction Permits for the month of November, 2017 are the highest since November, 2006 — the year following Hurricane Katrina. In comparison, November 2017 SFNC permit numbers have increased by 31 percent over November 2016. The year-to-date increase in total SFNC permit numbers is 7.6 percent, which puts 2017 on track to produce the highest annual SFNC permit count since 2007. Commercial Construction permits numbers for the month of November are the highest since 2010, and have seen a 150 percent increase since 2016. If these numbers hold pace in the month of December, 2017 annual numbers could surpass total numbers for 2010.

“Our Parish exceeds expectations in so many ways, we lead the way on many fronts and our community pride is evident. Families and businesses want to be a part of what our residents have created,” said Pat Brister St. Tammany Parish President. “Permit numbers are indicators of a healthy economy, in that they show that people are willing to invest in our Parish, and this investment is a factor in sustaining this strong, diverse economy.”

Economists routinely use building permit data as an indicator of economic health, progress and sustainability.

Permit numbers are updated monthly and posted at www.stpgov.org/departments/permits.