Latest from Electrical Price Index

Photo 199231482 / hye_jin_kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
The Electrical Price Index hasn't felt the full impat of tariffs quite yet.
April 23, 2025
Photo 199231482 / Hye Jin Kang / Dreamstime
prices_cost_rising_photo_199231482___hye_jin_kang_
Price increases from tariffs aren't apparent yet in the latest Electrical Price Index data.
March 26, 2025
Photo 199231482 / hye jin kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
Panelboards & Switches and Circuit Breakers, both down -1.1% for the month, and Switchgear, down -1.3% saw the biggest changes in January.
Feb. 27, 2025
Photo 199231482 / hye jin kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
Moderation in electrical product pricing continues.
Jan. 24, 2025
Photo 199231482 / Hye Jin Kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
Electrical Marketing's November EPI reflects a more moderate pricing climate.
Dec. 19, 2024
Photo 199231482 / hye jin kang /Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
It was a particularly quiet month for EM's Electrical Price Index in October. Building Wire & Cable (+1.9%) and Telephone equipment (+1.3%) were the only categories that changed...
Nov. 21, 2024
Photo 199231482 © / hye jin kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
Switchgear logs the largest increases in September's Electrical Price Index (EPI).
Oct. 24, 2024
Photo 199231482 © hye jin kang / Dreamstime.com
prices_cost_rising_photo_199231482___hye_jin_kang_
While prices are moderating on a month-to-month basis, some pricing in some product categories is still coming strong year-over-year.
Sept. 26, 2024
Photo 199231482 © Hye Jin Kang / Dreamstime
prices_cost_rising_photo_199231482___hye_jin_kang_
Electrical Marketing's EPI saw some big changes in July.
Aug. 22, 2024

Value of new construction drops 2.1% in January to $88.3 billion

Construction spending during January took a hit, as the Department of Commerce estimates as estimated it dropped 2.1% to a seasonally adjusted annual rate of $883.3 billion.
March 1, 2013
2 min read
Construction spending during January took a hit, as the Department of Commerce estimates as estimated it dropped 2.1% to a seasonally adjusted annual rate of $883.3 billion. However, the January figure is 7.1% above the Jan. 2012 estimate of $824.7 billion.Private construction.Spending on private construction was at a seasonally adjusted annual rate of $614.2 billion, 2.6% below the revised December estimate of $630.9 billion. Residential construction was at a seasonally adjusted annual rate of $304.6 billion in January, nearly the same as the revised December estimate of $304.7 billion. Nonresidential construction was at a seasonally adjusted annual rate of $309.7 billion in January, 5.1% below the revised December estimate of $326.2 billion.Public construction.In January, the estimated seasonally adjusted annual rate of public construction spending was $269.0 billion, 1% below the revised December estimate of $271.7 billion. Educational construction was at a seasonally adjusted annual rate of $63.7 billion, 3.5% below the revised December estimate of $66 billion. Highway construction was at a seasonally adjusted annual rate of $79.1 billion, 0.9% above the revised December estimate of $78.4 billion.Ken Simonson, chief economist, Associated General Contractors, Arlington, Va., said in a press release, “At first glance, January was a bad month for construction, with a sharp drop in private nonresidential spending, along with small dips in residential and public construction. However, the January figure was higher than the year-ago level. Moreover, steep upward revisions today in the preliminary numbers for November and December suggest January may ultimately prove to have been positive, as well."Once more complete data is available, power construction should prove to be a strong category in 2013, along with manufacturing, multifamily and — at least in the first half of the year— single-family construction. But public construction, which has declined year-over-year for 28 straight months, appears to be headed still lower.”

Details