Electrical Marketing’s Leading Economic Indicators -- May 2017 Photo by Justin Sullivan/Getty Images

Electrical Marketing’s Leading Economic Indicators -- May 2017

Building permits sag in April. Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,229,000, -2.5% below the revised March rate of 1,260,000, but +5.7% above the April 2016 rate of 1,163,000, according to the most recent housing data from the U.S. Census Bureau. Single-family authorizations in April were at a rate of 789,000, 4.5% below the revised March figure of 826,000. Authorizations of units in buildings wit

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