Electrical Marketing’s Leading Economic Indicators

Building permits down marginally in January but are tracking 13.5% year-over year. Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1.202,000 0.2% below the revised December rate of 1,204,000, but 13.5% above the January 2015 estimate of 1,059,000. Single-family authorizations in January were at a rate of 720,000, 1.6% below the revised December figure of 732,000. Authorizations of units in buildings with

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