While the overall U.S. housing market has slowed down a little bit in recent months from the rapid growth it had been enjoying over the past year or two, some market areas are still enjoying a real surge in home-building. Check out Electrical Wholesaling's picks for 25 Hot Housing Markets to Watch in 2015.
The value of new construction starts climbed 9% in January to a seasonally adjusted annual rate of $621.0 billion, according to Dodge Data & Analytics, but giant construction projects continue to prop up the gains to some degree....More
While the 2015 office market is on an upswing and will be a solid business niche for many electrical distributors, DISC Corp.'s Herm Isenstein says a diverse business portfolio is still better for the long run....More
Want to know which cities are growing the fastest? Follow that moving truck. Atlas Van Lines has released data on the origins and destinations of interstate (or between states) moves throughout the previous calendar year for the past 22 years....More
Few countries on the planet now enjoy such a perfect storm of positive economic indicators. Indeed, one of the few negatives in the 2015 U.S. economic outlook is that key trading partners are wrestling with reduced growth rates (China), or are worried about falling back into recession (Europe). It really is pretty amazing how far the overall U.S. economy has come back since the Great Recession of 2007-2009.
With all geographic regions and building project sectors showing positive conditions, there continues to be a heightened level of demand for design services signaled in the latest Architecture Billings Index (ABI)....More
While the overall U.S. housing market has slowed down a little bit in recent months from the rapid growth it had been enjoying over the past year or two, some market areas are still enjoying a real surge in home-building. Check out Electrical Wholesaling's picks for 25 Hot Housing Markets to Watch in 2015....More
While the September PMI published by the Tempe, Ariz.-based Institute for Supply Management (ISM) Manufacturing Business Survey Committee decreased 2.4 points from August’s reading of 59% to 56.6%, it still indicates continued expansion in manufacturing....More
Sales of newly built, single-family homes increased 18% in August to a seasonally adjusted annual rate of 504,000 units in August, the highest level in six years, according to newly released data by the U.S. Census Bureau....More
Construction employers added 16,000 jobs and the sector's unemployment rate fell to 7%, the lowest rate for September in years, according to an analysis by the Associated General Contractors of America, Washington, D.C....More
Construction firms added jobs in 39 states from July 2013 to July 2014 and in 34 states from June to July, according to an analysis today of Labor Department data by the Associated General Contractors of America....More
The North American electrical wholesaling industry is being rocked by mergers & acquisitions, advances in technology, new competition from offshore and an uncertain economy. In this 60-minute webinar, Electrical Wholesaling Chief Editor Jim Lucy will discuss the changes in the electrical market now having the most impact on electrical distributors, electrical manufacturers and independent manufacturers’ reps....More