EPI Down 2.8% YTY in September

Last month’s EPI Index was virtually unchanged over August, but saw a big drop of 2.8% over September 2008. Year-over-year declines in building wire (-11.1%) and power cable (-15.2%) once again had the most dramatic impact, followed by fasteners (-8%). Power cable (-2.2%) and appliances (-1.1%) were the only product categories with declines of more than one percent from August.