Analyze This, November 2009

Nov. 1, 2009
Percentage of electrical incidents that cause injury from working on live electrical equipment. Between 1998 and 2006, 39% of critical injuries involved burns from an arc

1. 53%
Percentage of electrical incidents that cause injury from working on live electrical equipment. Between 1998 and 2006, 39% of critical injuries involved burns from an arc.
Source: The Electrical Safety Coalition

2. 6%
Percentage of U.S. electricity the U.S. Department of Energy hopes to generate from wind by the year 2020.
Source: American Wind Energy Association

3. 33
Average number of condo starts per state per month for the first six months of 2009, a trend that suggests that new condo production is virtually non-exisistent.
Source: National Association of Home Builders

4. 1.1%
Percentage increase in the producer price index (PPI) for inputs to construction industries for the month of August. Despite this slight increase, the total fell 7.4% from August 2008. According to the BLS, three items accounted for this outcome. The PPI for diesel fuel jumped 17% for the month but fell 41% over 12 months; steel mill products rose 6.8% for the month but fell 36% over the year; and copper and brass mill shapes rose 11% for the month and declined 14% for the year.
Source: U.S. Bureau of Labor Statistics (BLS)

5.133,000
The estimated number of construction jobs added as a result of the American Reinvestment and Recovery Act, which makes up 13% of the 1,040,000 total employment gains resulting from the new legislation.
Source: The President’s Council of Economic Advisers

6. 1 out of 5
Number of construction workers that lost their job in 2007. According to the latest employment data assembled by the Bureau of Labor Statistics, 50,800 layoffs occurred in non-residential construction in September 2009, while there were 13,300 fewer workers in the residential construction sector during the same period. Over the last year, Ken Simonson, chief economist for AGC, says 649,800 non-residential construction workers were laid off, and 443,000 residential workers lost their jobs.
Source: Associated General Contractors of America

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