July EPI Continues March to New Heights
Historic increases in steel-based electrical products led all categories in EM's Electrical Price Index for July. Boxes (+7.7%) and Conduit Fittings (+7.6%) led the way with huge numbers and year-over-year (YOY) increases topping +30%. Nonmetallic conduit (+6.5%); Switchgear (+3.7%); and Metal Conduit (+3.3%) also showed significant activity to the upside. Fourteen of the 28 product categories had monthly increases of +1% or more.