Arkansas Business magazine reported that a $1.3 billion steel mill project in Osceola, Ark., was ready to break ground last month and will eventually employ more than 2,000 construction workers. There was also a radio report from WFPL-FM that the University of Louisville plans to build a 39-acre research park with 1 million square feet of building space on the campus, and a television report from WBIR-TV that the University of Tennessee has started a $1 billion modernization program that will include a new resident hall, student union and parking garage. McGraw-Hill Construction logged a $94 million new high school in Centerton, Ark.; and Arkansas Business said a $50 million museum in Ft. Smith, Ark., will open in 2017. Nashville solidified its position as a Top 25 housing market with over 8,000 total housing permits pulled through August and the 31,000 new residents it attracted from August 2012-2013. CBRE reported that Nashville’s downtown vacancy rate decreased in Q3 2014, but it still sits at a relatively high 19.1%.
EAST SOUTH CENTRAL REGION ELECTRICAL DISTRIBUTOR SALES DATA
Birmingham, Ala.; Louisville, Ky.; Knoxville, Nashville and Memphis, Tenn.; and Jackson, Miss. are the largest electrical markets in this region.
EMPLOYMENT DATA FOR THE EAST SOUTH CENTRAL REGION
You can use the employment data below to calculate sales potential for key customer groups by region, state and Metropolitan Statistical Area (MSA) by using this data and Electrical Wholesaling's 2015 Sales Multipliers. To get these multipliers and to learn how to use them, click here to get to Electrical Wholesaling 2014 Market Planning Guide. Just scroll down and search for "multipliers."
