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Housing Construction Surges in November
Privately-owned housing units authorized by building permits in November were at a seasonally adjusted annual rate of 681,000, 5.7% above the revised October rate of 644,000 and 20.7% above the November 2010 estimate of 564,000, according to the U.S. Census Bureau. Single-family authorizations in November were at a rate of 435,000; 1.6% above the revised October figure of 428,000. Authorizations of units in buildings with five units or more were at a rate of 224,000, 16.1% above November.
Housing starts in November were at a seasonally adjusted annual rate of 685,000, 9.3 percent above October's revised estimate of 627,000 and 24.3 percent above the Nov. 2010 rate of 551,000. Single-family housing starts in November were at a rate of 447,000; 2.3 percent above the revised October figure of 437,000. November's rate for buildings with five-plus units was 230,000.
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Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel from the editors of Electrical Marketing.
Industry Calendar
June 3-6
Windpower 2012
Atlanta; American Wind Energy
Association (AWEA); 202-383-2500, www.windpowerexpo.org
July 11-12
NAED Congressional Fly-In
Washington, D.C.; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
July 19-21
NAED 2012 Lead Conference
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
August 20-22
NAED 2012 AdVenture
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
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