Electrical Marketing’s Key Economic Indicators - July 24, 2015

Building permits on fast track in June. Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,343,000.  This is 7.4% above the revised May rate of 1,250,000 and 30% above the June 2014 estimate of 1,033,000. Single-family authorizations in June were at a rate of 687,000, 0.9% above the revised May figure of 681,000. Authorizations of units in buildings with five units or more were at a rate of 621,000 in June,

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