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McGraw Hill Forecasts 1% Increase In Construction Starts for 2004

McGraw Hill Construction expects the value of construction starts to increase 1% to $508.9 billion in 2004. Single-family housing will dip 2% from last year's record level due to higher mortgage rates. The number of dwelling units will drop 5% to 1.29 million, which is still the third highest in 25 years. After dropping 10% in 2003, the public construction market is slated to show signs of recovery in 2004. Hotels and warehouses will also see double-digit growth, and manufacturing construction will rise 9%. Electric utilities, however, could plunge 19%, and contractors could see a slowdown in health-care and school construction due to reduced capital spending and state deficits.

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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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