Electrical Marketing’s Leading Economic Indicators - April 2016

Building permits sink 7.7% in March. Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,086,000, 7.7% below the revised February rate of 1,177,000, but 4.6% above the March 2015 estimate of 1,038,000. Single-family authorizations in March were at a rate of 727,000, 1.2% below the revised February figure of 736,000.

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