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Construction spending during January 2018 was estimated at a seasonally adjusted annual rate of $1,262.8 billion, nearly the same as the revised December estimate of $1,262.7 billion. The U.S. Census Dept. said the January figure is 3.2%...
The current conditions component of the NEMA’s Electroindustry Business Conditions Index (EBCI) moved up from 66.7 in December to 71.4 in January. Fully one-half of the survey panel noted better conditions in January as the share of those...
Despite labor shortages and rising material costs that continue to impact the construction sector, construction spending for nonresidential buildings is projected to increase 4% this year and continue at that pace of growth through 2019. The...
The year-end residential construction data for 2017 is in, and the story it tells is encouraging. Single-family building permit data through the end of 2017 showed a 6.1% increase over 2016. Homebuilders don’t pull a building permit unless...
Multi-family building permits see nice jump in January. Building permits in January were at a seasonally adjusted annual rate of 1,396,000. This is +7.4% above both the revised December rate of 1.3 million and the January 2017 rate of 1.3 million...
EM’s Electrical Price Index (EPI) saw an increase in January with a higher number of product categories than normal showing a monthly increase of at least 1%. Industrial Fixtures led the pack with a +1.8% increase and were followed by Power Wire &...
