Construction Industry

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May Construction Spending Maintains Solid Pace with +6.4% YOY Increase Over May 2023

July 11, 2024
The May figure is +6.4% above the May 2023 estimate of $2,011.8 billion.
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April Construction Spending Down Slightly Over March, But Still Up Double-Digits YOY

June 13, 2024
The value of new construction still looks decent on a year-over-year basis.
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Construction Spending Slips in February But Remains +10.7% Over Last Year’s Pace

April 4, 2024
During the first two months of this year, construction spending amounted to $298.1 billion, +11.9% above the $266.5 billion for the same period in 2023.
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Electrical Marketing Leading Indicators - March 22, 2024 Update

March 22, 2024
The AIA Billings Index and the Conference Board's U.S. Leading Indicators both showed signs of better times ahead.
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January Construction Spending Hits $2,105.8 Billion, Up +11.7% Year-Over-Year

March 7, 2024
Construction in the Computer/Electronic/Electrical category is still roaring and at $125.9 billion for the month is up +51.6% over Jan. 2023.

January's Dodge Momentum Index Reflects Construction Market's Mixed Momentum

Feb. 22, 2024
The Dodge Momentum Index (DMI), rose +0.1% in January to 184.1 points (2000=100) from the revised December reading of 183.9 points. Over the month, commercial planning fell -1...
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Value of Construction Hits $2,096 Billion in December, +7% YOY Above 2022

Feb. 8, 2024
Total construction spending during Dec. 2023 was estimated at a seasonally adjusted annual rate of $2,096 billion, +0.9% above the revised November estimate.
Today's Electrical Economy - Episode 86 - December 18, 2023 Update

Today's Electrical Economy -Episode 86 - Dec. 18, 2023 Update

Dec. 21, 2023
This podcast looks at Electrical Wholesaling's picks for the hottest construction niches in 2024.
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Electrical Marketing's Leading Economic Indicators

Dec. 21, 2023
AIA architects are starting to see more inquiries for project design.
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Dodge's 2024 Forecast Calls for +7% Increase in Construction Starts

Dec. 21, 2023
Dodge says manufacturing is in for another strong year with a +16% gain.
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Building Activity Continues to Weaken According to Dodge Construction Data

Nov. 30, 2023
Construction is tracking behind 2022's pace, according to Dodge Construction Network.
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2024 Construction Market May Slow Down Some But Solid Opportunities Remain

Nov. 17, 2023
To get a sense of the market climate electrical distributors, reps and manufacturers and other electrical professionals can expect in 2024, let’s take a look at the core...
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Construction Spending Sees Another Steady Increase in July with a +0.7% Increase

Sept. 8, 2023
Single-family construction was responsible for a big chunk of the increase in residential building.