Electrical Marketing’s Leading Economic Indicators

Multi-family leads permit filings, architects still slow, industrial purchasing activity still looking strong.

Multi-family market leads building permit activity in April. Privately-owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,080,000, 8% above the revised March rate of 1,000,000 and 3.8% above the April 2013 estimate of 1,040,000. Single-family authorizations in April were at a rate of 602,000, 0.3% above the revised March figure of 600,000. Authorizations of units in buildings with five units or more were at a rate of 453

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