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Electrical Marketing’s Leading Economic Indicators

Building permits soar 11% in October. Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 1,289,000, 11% above the revised October rate of 1,161,000 and 19.5% above the November 2014 estimate of 1,079,000. Single-family authorizations in November were at a rate of 723,000; 1.1% above the revised October figure of 715,000.

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