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Housing Starts Rise 3.9 Percent
The U.S. Census Dept. said November housing starts were at a seasonally adjusted annual rate of 555,000. This is 3.9 percent above the revised October estimate of 534,000, but 5.8 percent below the November 2009 rate of 589,000. Single-family housing starts in November were at a rate of 465,000, 6.9 percent above the revised October figure of 435,000. The November rate for units in buildings with five units or more was 72,000.
November building permits were at a seasonally adjusted annual rate of 530,000. This is four percent below the revised October rate of 552,000 and is 14.7 percent below the November 2009 estimate of 621,000. Single-family authorizations in November were at a rate of 416,000; three percent above the revised October figure of 404,000. Permits for buildings with five units or more were at a rate of 94,000 in November.
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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
.... More events and information
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