Electrical Marketing’s Key Economic Indicators: Permits and architect billings drop

Building permits dip in March. Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 990,000. This is 2.4% below the revised February rate of 1,014,000, but 11.2% above the March 2013 estimate of 890,000. Single-family authorizations in March were at a rate of 592,000, 0.5% percent above the revised February figure of 589,000. Authorizations of units in buildings with five units or more were at a rate of 370,000 in

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