Sources: 1McGraw-Hill Construction/Dodge; 2Dept. of Commerce; 3Manufactured Housing Institute; 4Dept. of Labor;
5Federal Reserve Board; 6The Association for Manufacturing Technology; 7Federal Home Loan Bank Board.
Note: Some figures shown—prime rate, for example—are averaged for month. NYA—not yet available
SA–seasonally adjusted. SAAR–seasonally adjusted annual rate. Source for chart: Global Insight.
For further information about construction starts, please contact Dodge Analytics at 1-800-591-4462...More
While none of the individual product categories showed a change of one percent or more, year-over-year (YOY) EM’s Electrical Price Index (EPI) was up 1.2%. The product categories showing the most increase over Sept. 2013 were lamps (+4.2%); electrical measuring and test equipment (+3.5%) fans and blowers (+3.3%); air conditioners (+2.8%); wiring devices and connectors (+2.7%)....More
While none of the individual product categories showed a change of one percent or more, year-over-year (YOY) EM’s Electrical Price Index (EPI) was up 1.2%. The product categories showing the most increase over Sept....More
After four consecutive monthly gains, builder confidence in the market for newly built single-family homes fell five points to a level of 54 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released this week....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
The Department of Commerce says construction spending during Aug. 2014 was estimated at a seasonally adjusted annual rate of $961 billion, 0.8% below the revised July estimate of $968.8 billion. The August figure is 5% above the August 2013 estimate of $915.3 billion....More
Electrical engineers and contractors are growing comfortable with solid-state lighting technology and controls, giving it generally positive ratings for a range of factors from system performance to technical support, but showed room for improvement in the ease of installation and commissioning, according to a study released this week by the Lighting Controls Association (LCA)....More
Industrial automation manufacturer Rockwell Automation, Milwaukee, reported an increase in quarterly profit of almost 16% for the company's fiscal fourth quarter (4Q) ended Sept. 30.
On the strength of increased sales in motion control and industrial safety products, the company overall reported net income of $248.7 million for the quarter, up from $215.3 million in the same quarter last year. Revenue rose 4% to $1.78 billion....More
GE put the finishing touches on a three-year, $40 million expansion at GE Lighting’s Hendersonville, N.C., production plant for manufacturing LED circuit boards. The boards, which were previously outsourced to overseas vendors, bring new capabilities into the plant, while accelerating customer response times, GE said....More
The U.S. Department of Energy’s Solid-State Lighting group and the Next Generation Lighting Industry Alliance (NGLIA) have published new recommendations for reporting and testing the reliability of LED lighting systems. Long lifetime ranks high on solid-state lighting's list of potential advantages, the DOE said in an e-mail. “But accurately predicting that lifetime is no easy matter, because – unlike most other lighting technologies – SSL has many different components, each one of which can cause system failure.”...More