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Electrical Marketing’s Leading Economic Indicators - July 2017

June building permits surge 7.4%. Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,254,000, according to the U.S. Census Bureau. This is +7.4% above the revised May rate of 1,168,000 and +5.1% above the June 2016 rate of 1,193,000. Single-family authorizations in June were at a rate of 811,000, +4.1% above the revised May figure of 779,000. Authorizations of units in buildings with five units or more were at a

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