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Wet Weather Slows Home Building In September

Unusually wet weather conditions across much of the country slowed the pace of home building in September, but strong permit issuance and rising backlogs of unused permits indicate that builders are poised to pick up the pace in coming months, according to U.S. Commerce Department figures.

The government reported that housing starts declined 6 percent from the best pace of the year to a still-solid rate of 1.9 million units on a seasonally adjusted annual basis in September. Meanwhile, issuance of new permits, which can be an indication of future building activity, rose 1.8 percent to an over 2 million-unit rate, and the number of permits that have been issued but not yet used rose to the highest level since the 1970s.

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Industry Calendar

Jan. 21-24, 2009
NAED Western Region Conference:
Palm Desert, Calif.; National Association of Electrical Distributors (NAED),
(314) 991-9000,
www.naed.org

Feb. 25-28, 2009
NAED South-Central Region Conference:
Orlando, Fla.; NAED,
(314) 991-9000,
www.naed.org

March 10-14
Electronic House Expo Spring 2009:
Orlando, Fla.; EH Publishing,
508-663-1500,
www.naed.org

March 17-20
Electric West Conference:
Las Vegas, Penton Media Exhibitions,
203-358-3704,
www.electricshow.com

March 18-21
NEMRA Annual Conference:
Orlando, Fla.; National Electrical Manufacturers Representatives Association,
800-446-3672,
www.nemra.org

April 19-23
NAILD Convention:
Scottsdale, Ariz.; National Association of Independent Lighting Distributors (NAILD),
716-875-3670,
www.naild.org

April 20-23
A-D Electrical Supply Division Network Meeting:
Houston; Affiliated Distributors (A-D),
610-977-3100,
www.mya-d.net

April 29-May 1
2009 Equity/EDN Annual Meeting:
Dallas; Equity/EDN Electrical Associates;
800-373-1894,
www.equityedn.org

May 3-4
Lightfair International: New York; AMC Inc.;
204-220-2004, www.lightfair.com

May 4-7
Windpower 2009 Chicago: American Wind Energy Association (AWEA);
202-383-2512

May 16-20
NAED National Electrical Leadership Summit: Fort Lauderdale, Fla.; NAED;
888-791-2512; www.naed.org

June 28-July 1
Women in Industry Forum: Santa Fe, N.M.; NAED;
888-791-2512; www.naed.org

July 30-August 1
NAED LEAD Conference: Orlando, Fla.; NAED;
888-791-2512; www.naed.org

 
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