Electrical Market Data
Pump jacks in oil field (Photo by David McNew/Getty Images)

Electrical Marketing's Leading Economic Indicators - October 2018

September data shows some slowing but rig counts continue climb.

Building permits soften in September. Privately‐owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,241,000, -0.6% below the revised August rate of 1,249,000 and -1% below the Sept. 2017 rate of 1,254,000.  Single‐family authorizations in September were at a rate of 851,000, +2.9% above the revised August figure of 827,000. 

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