Electrical Marketing’s Leading Economic Indicators - May 24, 2013

Building permits rock it in April with 14% increase over March. While housing starts declined 16.5% in April, the U.S. Census Department said building permits in April were at a seasonally adjusted annual rate of 1,017,000,  14.3% above the revised March rate of 890,000 and 35.8% above the April 2012 estimate of 749,000. Single-family authorizations in April were at a rate of 617,000, 3% above the revised March figure of 599,000. Because overall permits for new constr

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