Freight yard Photo by Bruce Bennett/Getty Images

Electrical Marketing’s Leading Economic Indicators - February 2018

Multi-family building permits see nice jump in January. Building permits in January were at a seasonally adjusted annual rate of 1,396,000. This is +7.4% above both the revised December rate of 1.3 million and the January 2017 rate of 1.3 million. Single-family authorizations in January were at a rate of 866,000, -1.7% below the revised December figure of 881,000. Authorizations of units in buildings with five units or more were at a rate of 479,000 in January, +25.4% above

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