News

The latest goings on we've gathered from across the electrical industry.

Today's Electrical Economy - Episode 90 - Feb. 26, 2024 - Audio Only

March 8, 2024
Episode 90 of the Today’s Electrical Economy podcast sponsored by Champion Fiberglass looks at the latest pricing trends from Electrical Marketing’s Electrical Price Index and...

Today's Electrical Economy - Episode 90 - Feb. 26, 2024

March 8, 2024
Episode 90 of the Today’s Electrical Economy podcast sponsored by Champion Fiberglass looks at the latest pricing trends from Electrical Marketing’s Electrical Price Index and...

People on the Move - March 8, 2024 Update

March 7, 2024
Check out the news at NSi, WAGO, ETi, Legrand and Distribution Strategy Group.
Photo 20870334 / Rasput1 / Dreamstime

GE Spins Off Vernova Unit to Focus on Power, Wind & Electrification

March 7, 2024
GE Vernova is expected to have between $34 billion and $35 billion in 2024 revenues.
Photo 7507349 Cornelius20 / Dreamstime

January Construction Spending Hits $2,105.8 Billion, Up +11.7% Year-Over-Year

March 7, 2024
Construction in the Computer/Electronic/Electrical category is still roaring and at $125.9 billion for the month is up +51.6% over Jan. 2023.

NEMA’s EBCI Indexes Slip in February But Remain in Very Positive Territory

March 7, 2024
After having expanded for four consecutive months, the current conditions reading still stands at its second highest point since Feb. 2023.
Photo 226496518 / Mohd Izzuan Ros

CED Buys Parrish-Hare

March 7, 2024
Parrish-Hare was ranked #61 on Electrical Wholesaling’s 2023 Top 150 ranking with 212 employees.
Photo 129493177 / Lovelyday12 /Dreamstime

EIA Expects Solar Power To Account for 7% of Total U.S. Generation by 2025

March 7, 2024
Developers have reported that almost 80 gigawatts of solar power will come online over the next two years.

Electrical Marketing - March 8, 2024

March 7, 2024
Check out the largest construction project making news in 1Q 2024 and the acquisitions of two Top 150 distributors.
Photo 226496518 /Mohd Izzuan Ros

Graybar Bolsters Business in Colorado’s Front Range with Blazer Electric Supply Deal

March 7, 2024
Blazer Electric Supply is ranked #101 on Electrical Wholesaling’s 2023 Top 150 listing with $88 million in 2022 sales and 115 employees.
Gensler / Moody Nolan

Airports, Data Centers and Hospitals Lead Trophy Job Construction in 1Q 2024

March 7, 2024
The electrical systems in data centers account for 40% to 45% of a project’s total development costs.
Episode 89 of Electrical Wholesaling's Today's Electrical Economy - February 12, 2024 Update
Episode 89 of Electrical Wholesaling's Today's Electrical Economy - February 12, 2024 Update
Episode 89 of Electrical Wholesaling's Today's Electrical Economy - February 12, 2024 Update
Episode 89 of Electrical Wholesaling's Today's Electrical Economy - February 12, 2024 Update
Episode 89 of Electrical Wholesaling's Today's Electrical Economy - February 12, 2024 Update

Today's Electrical Economy Podcast - Episode 89 - Feb. 12, 2024 Update

Feb. 22, 2024
Episode 89 of the Today’s Electrical Economy podcast sponsored by Champion Fiberglass looks at the drivers in a surge in data center construction and some other large projects...
Illustration 60886103 / Kheng Ho To /Dreamstime

People On the Move - Feb. 23, 2023 Update

Feb. 22, 2024
Check out the news at Legrand, Vallen and Border States.
Photo 33574911 / Khunaspix / Dreamstime

Electrical Marketing's Leading Economic Indicators - Feb. 23, 2024 Update

Feb. 22, 2024
Here's the latest building permits, AIA Billings Index and Conference Board's U.S. Leading Economic Indicators.
Illustration 60886103 / Kheng Ho To / Dreamstime

Rep Appointments & Awards

Feb. 22, 2024
Lightspec, LEX Associates, McGee Co., Carter York Agency and TEC Sales were some of the rep firms in the news

January's Dodge Momentum Index Reflects Construction Market's Mixed Momentum

Feb. 22, 2024
The Dodge Momentum Index (DMI), rose +0.1% in January to 184.1 points (2000=100) from the revised December reading of 183.9 points. Over the month, commercial planning fell -1...
Photo 199231482 / Hye Jin Kang / Dreamstime

EPI Drops -1.6% YOY in January

Feb. 22, 2024
Pole-Line Hardware (-1.3%) and Boxes (-1.6%) had the largest monthly declines, while Circuit Breakers (+5.1%) were up the most.
Photo 87684009 / Sculpies / Dreamstime

Single-Family Housing Construction Sags in 2023, But Better Times are on the Horizon

Feb. 22, 2024
Last year was not the best of times for U.S. single-family building permits because high mortgage rates scared away potential homebuyers. At the national level, in 2023 single...

Electrical Marketing - February 23, 2024

Feb. 22, 2024
Check out the latest pricing & permit data in today's Electrical Marketing.

NAED Enters New Era with Smith as President & CEO and New Meeting Format

Feb. 22, 2024
Smith is known throughout the industry for his business acumen in managing digital initiatives and it’s an area he will focus on in leading NAED.
Illustration 19276996 / Dirk Erck / Dreamstime

People On the Move - Feb. 9, 2024 Update

Feb. 8, 2024
Executive appointments at NAED, Crawford Electric Supply, LEDVANCE and OmniCable