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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Privately‐owned housing starts in September were at a seasonally adjusted annual rate of 1,201,000, -5.3% below the revised August estimate of 1,268,000, but +3.7% above the Sept. 2017 rate of 1,158,000. Single‐family housing starts in September...
When you stop and think about the potential economic impact of what each new resident could potentially mean to any metro, the importance of this statistic becomes clear.
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...
