EBR permit values down 50%

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While the number of building permits is down by 10.6% in East Baton Rouge Parish when compared to 2008, the value of the work is running far behind last year’s pace. Through the first nine months of the year, the value of all work permitted in the parish is about $274 million, compared with the nearly $558 million permitted through September 2008. The economic slowdown has caused a drop off in the number of big construction projects. Through the first nine months of the year, the number of projects dropped from 18,767 in 2008, to 16,784.

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