Article Nov 21, 2014
Electrical Marketing’s Leading Electrical Indicators
Building permits rise 4.8% in October. Building permits in October were at a seasonally adjusted annual rate of 1,080,000, 4.8% above the revised September rate of 1,031,000 and 1.2% above the October 2013 estimate of 1,067,000. Single-family authorizations in October were at a rate of 640,000, 1.4% above the revised September figure of 631,000. Authorizations of units in buildings with five units or more were at a rate of 406,000 in October.