Solid = actual annualized permits. Dashed = 20-year linear-trend projection; shaded band = ±1 std-dev of historical residuals.
Softening trajectory -- a gentle decline in activity; the area is cooling relative to its past.
By 2046, the trend projects roughly 125 permits/yr (range 92–157) and about $6.7M/yr in project value. Projection is a directional trend on noisy permit data, not a guarantee.