News Watch en NAHB Says Single-Family Housing Ready to Take Off in 2015 <div class="node-body article-body">NAHB says a growing economy, rising household formations, low mortgage rates and pent-up demand will help single-family housing production to rev up in 2015 while a growth in renters will keep the multi-family market at cruising altitude or higher.</div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch homebuilding housing Mark Zandi NAHB residential market Fri, 31 Oct 2014 15:52:00 +0000 20501 at <p><span style="font-size: 16.5165157318115px; line-height: 20px;">With the current supply of housing running just over 1 million units on annualized basis, </span><span style="font-size: 16.5165157318115px; line-height: 20px;">Mark Zandi, chief economist at Moody&#39;s Analytics,&nbsp;</span><span style="font-size: 16.5165157318115px; line-height: 20px;">said this figure is well below what is needed for the longer run.</span></p> Photo Ccedit - Getty Images WESCO Enjoys 7.6% YOY Sales Growth in 3Q 2014 <div class="node-body article-body">WESCO International, Inc., Pittsburgh, announced its 3Q 2014 sales results last week and the results came in fairly strong.</div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch WESCO Mon, 27 Oct 2014 17:10:00 +0000 20371 at 25 Hot Housing Market to Watch in 2015 <div class="node-body data_table-body">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.</div> <div class="field-csv-file"> <span>CSV File:&nbsp;</span> <div class="filefield-file"><img class="filefield-icon field-icon-text-csv" alt="text/csv icon" src="" /><a href=" 25 Hottest Housing Markets.csv" type="text/csv; length=1221">EW 25 Hottest Housing Markets.csv</a></div> </div> <div class="field-disable-sidebar"> Disable Right Sidebar Display </div> <fieldset class="fieldgroup group-images"><legend>Images</legend> <div class="field-image-promo"> <img class="imagefield imagefield-field_image_promo" width="595" height="335" alt="hot_housting_markets_getty_images_joe_raedle" src="" /> </div> </fieldset> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> Economic Indicators News Watch Mon, 20 Oct 2014 17:05:00 +0000 20231 at <p>With 8,000 single-family building permits pulled through August -- a 27% change year-over-year (YOY) -- the housing market in Austin, Texas, is hot, hot, hot.&nbsp;</p> Joe Raedle / Getty Images Ouch! CNN Report Blasts GE Stock <div class="node-body article-body">GE has been in the news recently because of recurring rumors that its lighting business is on the block. Now this CNN video says investors aren't happy with the stock's performance and that Jeffrey Immelt, GE's CEO, should restructure the company.</div> <div class="field-content-focus"> <span>Content Classification:&nbsp;</span> Curated </div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch GE General Electric Wed, 24 Sep 2014 16:15:00 +0000 19581 at Photo by Chip Somodevilla/Getty Images) McGraw-Hill Construction Says August Construction Starts Fell 9% <div class="node-body article-body"><p><span style="font-size: 13.3333330154419px;">At a seasonally adjusted annual rate of $540.6 billion, new construction starts in August dropped 9%, <a href="">according to McGraw Hill Construction.</a> The decline followed July&rsquo;s elevated volume, the strongest so far in 2014, and brought activity back to the average pace reported during the first seven months of this year.&nbsp; By major sector, nonresidential building fell sharply, after being lifted in July by the start of several large manufacturing plant </span></p></div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch McGraw-Hill Construction Tue, 23 Sep 2014 17:01:00 +0000 19391 at McGraw-Hill_Construction_August_Index Sonepar acquires Industrial Distribution Group <div class="node-body article-body"><p>Sonepar North America, a subsidiary of the French privately held Sonepar Group, announced that Industrial Distribution Group (IDG), a portfolio company held by affiliates of LKCM Capital Group, LLC and headquartered in Belmont, N.C., has signed an agreement to join the Sonepar Group.</p></div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> Mergers & Acquisitions News Watch Fri, 19 Sep 2014 17:20:00 +0000 19311 at Hunzicker and SESCO join forces in Oklahoma <div class="node-body article-body"><p style="margin-left:6.0pt;">Hunzicker Brothers, Inc., Oklahoma City, has agreed to acquire what it says is &ldquo;the leading electrical distributor in southern Oklahoma,&rdquo; SESCO Electric Supply Co., based in Lawton, Okla. Mike Lockard, president and CEO of Hunzicker Bros., said the deal with David Dyer, president and CEO of SESCO, unites two independent electrical distributors in a bid to fend off national chains.</p> <p style="margin-left:6.0pt;">SESCO has four locations in Oklahoma, with branches in Duncan, Chickasha and Ardmore as well as the Lawton headquarters.</p></div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> Mergers & Acquisitions News Watch Fri, 19 Sep 2014 16:45:00 +0000 19301 at Copper Investment News: Analyst at Haywood Securities Sees Possibility of $4/Pound Copper by 2016 <div class="node-body article-body">In this Copper Investment News Q&A Stefan Ioannou, mining analyst at Haywood Securities, lays a medium- and long-term pricing outlook for copper pricing. Here’s a snippet of what Ioannou had to say in this interesting interview by Teresa Matich.</div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch cable Copper Investment News copper pricing wire Tue, 09 Sep 2014 15:58:00 +0000 19071 at Wikimedia Commons Electrostats: EBCI Now at Highest Level in Three Years <div class="node-body article-body">NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America climbed to 68.2 points in August, its highest level in more than three years, from 54.5 points in July.</div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch Mon, 08 Sep 2014 20:12:00 +0000 19701 at Court Battles Continue Between Arlington Industries and Bridgeport Fittings <div class="node-body article-body">The long-running patent battle in the courts between Arlington Industries and Bridgeport Fittings is in the news again, with both companies issuing press release this week regarding their sides of the patent issue that continue to be under dispute.</div> <div class="og_rss_groups"></div><p><a href="" target="_blank">read more</a></p> News Watch Arlington Industries Bridgeport Fittings Fri, 05 Sep 2014 19:36:00 +0000 19031 at