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  • May 12, 2013
    Article
    Electrical Marketing

    Value of New Construction Dips 1.7% in March Due to 4.1% Drop in Public Construction  

    The Department of Commerce said construction spending during March 2013 was estimated at a seasonally adjusted annual rate of $856.7 billion, 1.7% below the revised February estimate of $871.2 billion. The March figure is 4.8% above the March 2012 estimate of $817.8 billion. During the first three months of this year, construction spending amounted to $181.7 billion, 4.7% above the $173.6 billion for the same period in 2012....More
  • Feb. 8, 2013
    Article
    Electrical Marketing

    National Association of Home Builders Says Housing Outlook Will Improve More in 2013  

    At the recent International Builders’ Show in Las Vegas, David Crowe, chief economist for the National Assocation of Home Builders (NAHB), Washington, D.C., said the housing upturn that took root last year is expected to pick up momentum in 2013, but that “headwinds” along a number of fronts could impede the pace of the recovery....More
  • Dec. 21, 2012
    article
    Electrical Marketing

    Housing Starts Dip 4% in November  

    Privately-owned housing starts in November were at a seasonally adjusted annual rate of 861,000, 3% below the revised October estimate, but 21.6% above the Nov. 2011 rate....More
  • Sep. 21, 2012
    article
    Electrical Marketing

    August Housing Starts Surge 29.1% YTY  

    The latest data on residential construction from the U.S. Census Dept. shows that privately-owned housing starts in August were at a seasonally adjusted annual rate of 750,000, 2.3% above the revised July estimate...More
  • Sep. 21, 2012
    article
    Electrical Marketing

    NAHB Study Shows Builder Confidence Continues to Gain Momentum in September  

    Builder confidence in the market for newly built, single-family homes rose for a fifth consecutive month in September to a level of 40 points on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)...More
  • Aug. 24, 2012
    article
    Electrical Marketing

    July Housing Starts Up 21.5% YTY  

    The U.S. Census Bureau said privately-owned housing starts in July were at a seasonally adjusted annual rate of 746,000, 1.1% below the revised June estimate....More
  • Aug. 10, 2012
    article
    Electrical Marketing

    Leviton Grabs a Larger Stake in the Home Automation Market with Deal for HAI  

    Leviton Manufacturing, Melville, N.Y., announced the acquisition of Home Automation, Inc. (HAI), a leader in home automation controls for residential and light commercial applications...More
  • Jul. 27, 2012
    article
    Electrical Marketing

    June Housing Data Shows 6.9% Increase  

    The U.S. Census Bureau said privately-owned housing starts in June were at a seasonally adjusted annual rate of 760,000, 6.9% above the revised May estimate of 711,000 and is 23.6% above the June 2011 rate of 615,000....More
  • Jul. 13, 2012
    article
    Electrical Marketing

    NAHB Regional Economic Data Shows Bright Spots Scattered Throughout Nation  

    The U.S. housing markets showing measurable and sustained improvement rose by four to include 84 metros in July, according to the National Association of Home Builders/First American Improving Markets Index....More
  • Jul. 13, 2012
    article
    Electrical Marketing

    Construction Spending During May Up Slightly Over April and 7% Over May 2011  

    The Department of Commerce announced that construction spending during May was estimated at a seasonally adjusted annual rate of $830 billion, 0.9% above the revised April estimate....More
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