Dodge Data & Analytics reports that total construction activity in 2019 fell 1% ($809 billion), a marginally different result from the flat growth economists forecast last year. Projections for 2020 show a reduction of 4% (...
The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) recently released its “2019 Standard Scenario Report: A U.S. Electricity Sector Outlook.” The Report is published annually to inform energy system...
According to the December 2019 report from the U.S. Energy Information Administration (EIA), U.S. onshore wind capacity now exceeds 100 gigawatts. EIA noted that, “Cumulative U.S. installed onshore wind capacity exceeded 100...
Despite predictions by industry experts for weakening construction starts in late 2019 and into 2020, construction starts are actually continuing to increase. According to the latest report from Dodge Data & Analytics...
According to a Dec. 17 report from the Pew Research Center, an increasing number of U.S. homeowners are contemplating the installation of residential solar panels. The report is based on a survey conducted in October of over...
Another year has come to a close. And with it, I invite you to reflect on how our industry has changed over the past year. Thanks to our dedicated members and staff, NECA has the flexibility to adapt to the evolving industry...
There’s no doubt that LED-based lighting has rapidly become the favored option for both consumers and commercial building owners. But many consumers and business owners (and perhaps even a few electrical contractors) remain...
A recent report documents a significant drop in the price of batteries just as electric vehicles are taking off in new directions. The market research firm Bloomberg New Energy Finance (BNEF) released its “2019 Battery Price...
2018 was strong for construction starts. Although there was talk of slowing down in the latter half of 2019, that did not happen. In fact, the last half of 2019 has seen even stronger growth than the first. The early months...
As more governments around the world adopt international fire protection standards, sales of fire protection systems are increasing dramatically, according to the “Fire Protection System Market Research Report--Global...
Renewables have made great strides in recent years to bring down their costs and become competitive with traditional fuel sources. The good news for renewables is that those costs are continuing to drop. According to a recent...
According to the 2018 Bureau of Labor Statistics Occupational Employment Statistics Survey data, as well as analysis by the National Association of Homebuilders (NAHB), half of payroll workers in construction earn more than...
According to the J.D. Power 2019 Electric Utility Business Customer Satisfaction Study, released last week, overall business customer satisfaction with electric utilities has climbed significantly since last year—from 761...
Dodge Data & Analytics released its 2020 Dodge Construction Outlook, reporting that U.S. construction starts will slip to $776 billion in 2020, a decline of 4% from 2019’s estimated level of activity. “The recovery in...
While more renewables are coming online in the United States, built and installed by large utilities, homeowners and commercial businesses, an often-overlooked market for these purchases is large corporations. According to a...
According to a new report by Dodge Data & Analytics, “First Half 2019 Commercial and Multifamily Construction Starts Show Varied Pattern by Top Metropolitan Areas,” while new construction starts in this sector in several of...
In the third quarter of 2018, 58 percent of remodelers reported a shortage of electricians as part of the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) survey. Of the 16 specific occupations the...
Electrical contractors consider themselves highly influential in lighting-equipment selection for both new construction and retrofit projects. That’s one key finding from the 2019 CII Lighting Trends Survey, which ELECTRICAL...
We covered a lot of ground in the first installment of the 2018 Profile of the Electrical Contractor. We learned electrical contractors are getting older, primarily work for smaller companies and mostly saw their firms’ head...
Twenty-five is the most significant number in the 2018 Profile of the Electrical Contractor research study findings. It means you’re wearing many more and different hats than ever before. In the 2004 study, traditional...
