Electrical Marketing maintains a comprehensive suite of reports on economic indicators and sales potentials for all major markets served by the electrical industry.
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Total construction year-to-date is up +1%, according to Dodge data. Not counting the utility/gas category, which is down -45% for the year, total construction YTD would be +4% over 2017.
More often than not, the local markets showing the best growth year-over-year in GMP or the biggest population increases are also showing good growth in customer employment, housing starts, and the amount of new commercial construction breaking...
Construction spending during July 2018 was estimated at a seasonally adjusted annual rate of $1,315.4 billion, +0.1% above the revised June estimate of $1,314.2 billion, according to the U.S. Census Dept. The July figure is +5.8% above the July...
Electrical contractors buy roughly 50% of all products sold through electrical distributors, and each electrical contractor employee accounts for roughly $65,151 in purchasing power.
While EM’s monthly Electrical Price Index (EPI) only increased +0.1%, its +3% increase year-over-year is a better reflection of market pricing’s longer term trend. Much of this annual change can be linked to the YOY increases in several core...
Construction spending during June 2018 was estimated at a seasonally adjusted annual rate of $1,317.2 billion, -1.1% below the revised May estimate of $1,332.2 billion. The June figure from the U.S. Census Bureau is +6.1% above the June 2017...
While updating Electrical Marketing's 2Q 2018 Electrical Sales Potential estimates for local market areas, EM’s editors found some new fast-growing metros in the mix, as well as plenty of perennial all stars. It wasn’t surprising to...
Boosting activity in June was a sharp 57% advance for nonresidential building, which benefited from the start of two massive manufacturing plant projects and two massive office building projects.
