At a seasonally adjusted annual rate of $783.6 billion, new construction starts in May advanced 15% from April, according to Dodge Data & Analytics. The increase follows a 12% decline in April, and shows total construction activity reaching...
Electrical distributors who responded to Electrical Wholesaling’s Top 200 survey were asked about the impact they’re seeing, if any, from the federal tax reform laws passed late last year. Some said they’re already seeing an...
According to a recent National Electrical Manufacturers Association (NEMA) survey of electrical manufacturers, 53% said that the Tax Cuts and Jobs Act (TCJA) has already had a net positive impact on their businesses, while an additional 34% are...
Global pharmacy giant Walgreens Boots Alliance will take the place of General Electric in the Dow Jones Industrial Average (DJIA) effective before trading opens next Tuesday, June 26...
The U.S. Census Bureau’s national Value of New Construction spending data on more than 80 construction sectors offers some good insight into what makes the construction market tick. On some level the various market segments are all inter...
Although some nonresidential construction data points to a sluggish project market in the first half of this year, some of the anecdotal evidence is hard to ignore. Earlier this week, a $1.5 billion project broke ground along San Diego’s...
Mixed indicator from April building permits. The U.S. Census Dept. said privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,352,000, 1.8% below the revised March rate of 1,377,000...
