Electrical Marketing’s Leading Indicators

Building permits increase 3.2 percent in August. Privately-owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 620,000, 3.2 percent above the revised July rate of 601,000 and 7.8 percent above the Aug. 2010 estimate of 575,000, according to the U.S. Census Bureau. Single-family authorizations in August were at a rate of 413,000, 2.5 percent above the revised July figure of 403,000.

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