November was yet another month of marginal change in Electrical Marketing’s Electrical Price Index (EPI). Air conditioning equipment was the only product category with growth (+0.8%) of more than one percent. Year-over -year, change was tough to find in the usually volatile building wire and power cable product categories with -1.1% and -0.7% declines, respectively.
Note: All EPI series represent Global Insight aggregates of Bureau of Labor Statistics’ (BLS) producer price indices (PPIs). The revised data partly reflect redefinitions of specific PPIs by the BLS, but mostly reflect the rebenchmarking of all EPI price series to a 1997 base year. The four following EPI series have been affected by BLS redefinitions: boxes, conduit (fittings), nonmetallic conduit, and generators. Sources: U.S. Bureau of Labor Statistics; Global Insight