The electrical industry's near-term fortunes are influenced by trends in the wider economy. Here's where we gather some of the most relevant economic data pointing to the direction ahead, including industrial purchasing, housing and nonresidential construction, rig counts and a whole lot more.
Back in February, copper was trading in the +/- $2.70 range, and two of the world’s largest copper mines stopped producing due to labor and governmental issues. From that point on, the price of copper vacillated between $2.80 and $2.50 on a Spo...
Construction employment showed a mixed pattern geographically in the latest 12 months, increasing in 219 out of 358 metro areas between Jan. 2016 and Jan. 2017, declining in 104 and stagnating in 35, according to a new analysis of federal...
Kermit Baker, chief economist for the American Institute of Architects (AIA), Washington, DC, has for years provided some of the best commentary on the construction market’s evolving fortunes. Below are a few highlights of his recent post on...
The Dodge Momentum Index rose 3.9% in January to 142.6 (2000=100) from its revised December reading of 137.3. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have ...
Most of the leading U.S. metropolitan areas for commercial and multi-family construction starts showed substantial gains in 2016 compared to the previous year, according to a recent press release from Dodge Data & Analytics. However, New York ...
Copper soared through the $2.70 level on Friday, to close at a near two-year high, as global supplies of the red metal are threatened. A strike at Escondida in Chile, the world’s largest mine, has curtailed production there, and...
Population growth is a good economic indicator you can use to measure the future economic growth prospects of a local economy. This online tool can help you find out which counties are adding the most new residents...
After a sluggish 2016, construction economists see several pockets of growth in 2017 that should fuel additional construction-business for the electrical wholesaling industry...
