Thanks in large part to the expansion of several large chemical plants, East Baton Rouge Parish, LA, saw an increase of 1,726 electrical contractor employees, through 2Q 2018, the largest annual increase of any county.
In December, seven projects each with a value of $100 million or more entered planning. The two leading institutional projects were a $140 million science and engineering building at Northeastern University in Boston, MA, and the $120 million...
The index bounced back from last month’s 36.7, but at 46.2 points it did not return to expansionary territory.
The howls of pain over the carnage on Wall Street could be clearly heard in the electrical market.
NAED’s Western region has more than 50 metros that generate an estimated $100 million or more in Electrical Marketing’s Core Electrical Sales Potential.
Job gains in construction are continuing in some markets but appear to be slowing due to the scarcity of workers to hire.
Momentum is still looking pretty solid according to four key indicators.
Residential lighting fixtures saw a huge +6% increase in November, pushing up its year-over-year (YOY) data to +7.7% This increase led an otherwise quiet month for Electrical Marketing’s Electrical Price Index (EPI), with the overall index showing...
Starts with five or more units were up +24.9%. for the month.