29 Jun, 2009
No Green Shoots Here, Either
Is this scientific? I trust it more than "sentiment" indices (which ask people how they feel about things). The survey that leads to this report is asking AIA member what they are seeing at their companies. Plus, the guy who supervises things (Kermit Baker, AIA's chief economist) seems to me to be an economist who you might actually trust (as opposed to, say, Ben Bernanke!).
One month ago, the "architecture billing index" (official name) showed "optimism," according to reports. The report for May put the index at 42.9, up a smidge from the 42.8 in April. Essentially, no movement. Two interesting notes (see the longer of two reports on the June data here).
1. Baker's comments noted that the May data "indicates that business conditions at architecture firms are still deteriorating." That tempers the optimism with which the report on April's data was greeted.
2. There is a component of this report -- "inquiries for new project activity" -- that came in strong for the 3rd straight month. But here's what Baker wrote about that:
29 Jun, 2009
PV America -- What Went On
Philly Weekly Press -- event coverage from a local alternative newspaper.
Stuff from PV-Tech.org:
Gov. Rendell (PA) says "alternative energy will boost economy"
Bright future of solar power [boy am I tired of hearing about this! -- let!GET TO IT already!!!!]
Show recap from a local (Philadelphia) solar blogger.
Claim: "one of the big buzzes at the show as the Berkeley (CA) FIRST Financing initiative."
Solar financing rebounding -- claim in a Reuters report from the event (on the EE TImes site).
NJ solar loan program gets award.
A short bulleted list of highlights.
A blog I had never heard of -- "GE Reports" -- provides the big-company perspective.
29 Jun, 2009
Financial Crisis RESOURCE
Presentations
Financial Stability Plan and Related Financial Markets Legislation
TARP Programs and Emergency Economic Stabilization Act
Tax
Liability Management
Securities Markets
Employee and Executive Compensation
Money Market Funds
Covered Bonds
Accounting Rules and Best Practices
Consumer Finance and Mortgages
Outsourcing
Financial Crisis Response Outside the US
Links to Other Legal and Government Resources
Stress Test Results
Financial Stability Plan
Public Private Investment Trust
Federal Reserve Resources
Treasury Capital Purchase Program Resources
FDIC Resources
Congressional Resources
29 Jun, 2009
AIA Presentations
The Fully Automated Home
Lighting Controls: Project Integration Solutions
The first two are 13 pages each; the last is 5.
The 2nd is from CEDIA; the 3rd is from Lutron.
25 Jun, 2009
Ain't No Damn Green Shoots
- - - - -
- - - - -
IF SO -- it's not a good sign, not for the economy . . . and certainly not for these people!!!
25 Jun, 2009
Smart Meters
However, you SHOULD get over to his most recent post, What Makes Smart Meters So Smart? Short, to the point, and with links if you want more.
25 Jun, 2009
Seven Ways To 'Fix The Grid'
25 Jun, 2009
What They Say -- It's True!
But see this item on BuildingOnline.com. McGraw-Hill Construction, which is certainly one of the strong (if not THE strongest), is said to be starting a new 6x publication, SNAP (Sweets News and Products).
That's what real capitalists do. They wait for the bottom and they start a business; when the economic tide comes in (and it will, eventually, even if this IS a Depression!!!) -- their boats float and the cash comes rolling in. Same thing with the stock market: Pretty soon, the S&P 500 will crash from the 900 level . . . perhaps back down to 666, perhaps below that . . . and savvy people will start cherry-picking the cheap stocks that will make them money in the 2012-15 period.
But to DO that, beyond being very smart -- you have got to have money!
25 Jun, 2009
More On May Construction Starts
Now, you can go over and see the recent newsletter with contrasting May analysis from MHC's competitor, Reed Construction Data.
The gist:
Non-residential down 14.0%.
Start $ values up 16% in May (over April), but "no sustained rise until 2010."
25 Jun, 2009
Depression?
I wrote a response on TEDMAG.com (now lost, as the website is in transition) noting that
1. The 8% rate isn't comparable to what we had in the 1930s. The headline unemployment measure back then wasn't factored the way it is today. You can dive into the monthly unemployment data from the Bureau of Labor Statistics and find the number of REAL unemployed and underemployed -- roughly 15.6%.
Compare 15.6% with 25%.
2. Further, the unemployment rate during the 1930s Depression wasn't 25% for the whole time. I found an article on the BLS website that showed the annual average unemployment rates. In 1931 (roughly comparable to where we might be in the CURRENT Depression!) . . . it was on the order of 16%.
Therefore, we were right on schedule.
- - - - -
So much for my brilliance. However, there is an article that has been making the rounds of various financial blogs (and was even discussed at length in the Financial Times by Martin Wolf, a widely respected economist who writes regularly for the FT).
The article: "A Tale Of Two Depressions" is worth reading. It's simple. It's got a lot of charts. And one conclusion is that this time it's WORSE than the 1930s.
EleBlog take: Hang on, there might be worse coming.
23 Jun, 2009
Electric Vehicles
On the same subject: There's an EV show coming up in August in Long Beach, Calif. -- Plug In 2009.
23 Jun, 2009
Green Panels - Coverage
Four electrical manufacturing execs
Four real estate/facilities execs.
23 Jun, 2009
May Construction Starts (MHC)
YEAR-TO-DATE CONSTRUCTION STARTS
Unadjusted Totals, In Millions of Dollars
| 5 Mo. 2009 | 5 Mo. 2008 | % Change | |
| Nonresidential Building | $62,374 | $109,670 | -43 |
| Residential Building | 39,378 | 76,589 | -49 |
| Nonbuilding Construction | 52,465 | 61,357 | -14 |
| Total Construction | $154,217 | $247,616 | -38 |
23 Jun, 2009
Arc Flash - Code Issues
NFPA 70E urges industry to turn it off or put it on.
5 considations for choosing an arc flash hazard analysis.
23 Jun, 2009
The EC + Solar
As the money from the stimulus package makes its way through the economy and the cost of solar photovoltaic technology becomes cheaper, Burger says the technology will eventually become a standard item in residential and commercial construction, such as large installations on flat roofs or structures that shade parking lots. He says he also expects more electrical contractors to follow Holston's example by adding solar to their offerings.
"That you have electrical contractors like Erik and his company getting into the business is a very good sign because it shows that the construction and building trades, which have been rather conservative, are realizing the benefits and the opportunity in solar and other renewable technologies, and it becomes an important business line for them. It then becomes important for the public because this shows that this technology isn't something exotic or esoteric. It's very promising when somebody can look in the phone book or online and see there's someone in their community who can do this stuff," Burger says.
Note: Erik Holston is the electrical contractor featured in the story. "Burger" is a principal at Kestrel Development (Oak Park, Ill.), a "renewable energy policy and market development firm." More here.(More)
23 Jun, 2009
Copper Use In Transformers
The higher failure rate also adds to the already high Transmission & Distribution (T&D) losses in the power distribution network in India.
There is thus a case in the use of low-loss, high-grade materials for the core and winding to result in low-loss, high-efficiency, Energy Efficient Distribution Transformers (EE DTs). The no load losses can be reduced by 75% and load losses by 40% by using Copper windings in place of Aluminium windings.
23 Jun, 2009
Curveballs As Illusions (???)
21 Jun, 2009
More On The I-House
21 Jun, 2009
Power Through The Air
Note that a post in March 2006 here on The EleBlog talked about ambient power harvesting.
21 Jun, 2009
Offshore Wind's Relative Costs
One such article, posted 6/1, was "Some Cautionary Thoughts About Wind" -- which came with this graphic.

21 Jun, 2009
Spec'ing Panelboards - Changes
The new panels are the traditional 20 in. wide x 5.75 in. deep tubs; however, we must now plan for a 62 in. high tub (84 circuit panelboards equipped with a main circuit breaker).
21 Jun, 2009
FO Standards
21 Jun, 2009
Germany, Tariffs & One EC
But when the market collapsed and corporate profits dried up, so did the incentive to invest. Since last year, the number of tax equity investors -- mainly big investment banks -- sinking money into wind farms has dwindled from as many as eighteen to four, and the remaining players have scaled back.
+
The policy has allowed Germany not only to meet but to
exceed its renewable energy goals. Initially, the aim was to get 12
percent of its electricity from renewable sources by 2010. But it
passed that milestone three years early, and has since reached the 15
percent mark -- the most rapid growth seen in any country. By
mid-century, Germany aims to increase that share to 50 percent.
Already, the nation, which is about as sunny as Juneau, Alaska, is home to almost half the world’s solar generating capacity, and churns out more solar power than any country except Japan. Although it is half the size of Texas, and far less windy, it is also vying with the United States for the number one spot when it comes to generating capacity for wind power.
+
"And we’re just one tiny player," he told me. "Look around. You can see how fast this thing is going to move."
21 Jun, 2009
Energy Treasure Hunts
On Monday morning, teams interview facility employees about the opportunities identified for energy saving, a critical step to secure operator buy-in to the proposed change. Throughout the day, they continue to quantify their projects, getting cost and savings information from process experts, and ideas for operational change from the employees that run the operation. By Tuesday afternoon, each team has a list of at least 10 quantified ideas for energy savings -- and most notably, these projects on average have a simple payback of less than two years!
17 Jun, 2009
For Canadians -- Blackout Tracker
17 Jun, 2009
Housing Data = Mediocre
a. The seasonally adjusted annual rate for May is 532,000. That still SUCKS. We were building 2 million homes a year not long ago.
b. The SAAR for April (revised) was 454,000. That's the 17.2% increase, from 454K to 532K.
c. May 2008's rate was 971,000, so year-over-year, housing starts in May were DOWN 45%.
d. As is my habit, I paged back to the UNADJUSTED data. Here are single-family housing starts for 2009 so far:
February 24,600
March 31,000
April 34,000
May 39,600
e. Starts for the year-to-date (single-family ONLY) are 151,900. For 2008's first five months, 1-family starts were 290,600. And 2008 wasn't such a good year.
f. Take May as the best month of the year so far. Assume we're gong to have 7 more months of 50,000 starts each (OPTIMISTIC!!!). That would mean 1-family starts in 2009 would be, at best, 500,000. Great, eh? NO. Last year, 1-family starts finished at 622,000. In 2007, 1-family starts were 1,046,000.
g. SO -- from where did that 17% gain come from? Why the positive spin? Multi-family starts (5 dwelling units each or more) were 10,900 in May, up from 5,900 in April. This isn't a tally of buildings, it's units (in other words, apartment buildings that -- when finished -- will have 10,900 dwelling units in them were started in May). The multifamily numbers are notoriously volatile, meaning they bounce around a lot from month to month.
Bottom line: It's better to have single-family starts increasing by 5,600 homes in May from April. It's better to have the apartment-start volatility bounce UP than downin a given month. But there's not much here to get excited about, unfortunately.
17 Jun, 2009
VIDEO: Chocolate-Powered Race Car
17 Jun, 2009
International Perspective on EE
Q: President Obama, however, has received a lot of criticism for trying to tackle energy and climate in the current economic downturn. Can we afford to be sustainable and implement all of these sustainable practices?
Björn Stigson: Well, we don't see this as a big
burden on the economy. When we look at actions on energy efficiency we
see short payback terms. Will we have an immediate payback? Of course
not.
So you can always discuss when you put policies in place, should
you start in 2009 or do you put the policies in place and they really
kick in in 2010 or beginning 2011 when we probably are in a little bit
of a different phase of the economic cycle? But for us this is not an
either or, you do this or you save the economy.
A lot of what you do on energy efficiency will create jobs. It's often very local actions, if you take buildings as an example. Our estimate is that if we go forward with an aggressive plan for energy efficiency in buildings we will create 2 million jobs in the U.S. alone and that will be local jobs and not only high-level jobs, but electricians, installers and so on that can install the equipment that we already have today. So this is something that you can get going with very quickly.
17 Jun, 2009
Webinar: Digital Home Healthcare
Additionally, the topic is HOT. I've written about digital healthcare (home or clinic or hospital) in the past, and recently (at the spring BICSI event in Baltimore) attended a session on hospitals and digital. It was swell; I intend to write about it some time. What I remember from that session is that I was sorry to see it end.
Perhaps this webinar will be the same sort of thing.
15 Jun, 2009
Electricians Working For ECs
By the way HOTS = heard on the street.
15 Jun, 2009
Future Electrician Needs
15 Jun, 2009
Hiding Speaker Wire
15 Jun, 2009
Needed For Green: Occupant Ed
It's keeping green designers from achieving their next goal: Popularizing offices and homes that have "net zero" energy use - meaning that in the course of a year they should use no more energy than can be produced by their own solar panels. Some months, they buy power from a local utility; other months, they sell excess back to the power company.
"When you've squeezed everything down to a much smaller pie, what's left, the human factor, becomes the next thing we need to tackle to get down to the next level," says Jason McLennan, an architect influential in the green building movement.
15 Jun, 2009
Warren Buffet's Pre-Fab
15 Jun, 2009
A Smart Grid Vision
Today's grid has no communication between the consumer and consuming device and producing devices, other than the flip of a switch. You flip the switch, the electrons always have to be there, the generating machines always have to be ready. It's very inefficient and wasteful. For example, you have to install a large amount of excess capacity that is just waiting for the peak of the summer when, for a few hundred hours of the year's 8,760, all the air conditioners are on at the same time and people also start switching on TVs when they come home. This is a dumb grid. It's a wasteful grid.
Instead of that, for instance, we could have a
machine that makes ice when the wind blows. You have wind turbines, the
wind blows at night, you need air conditioning in the daytime. You make
ice when the wind blows and you get your air conditioning from the
coldness stored in the ice.
And this machine is now commercially available. Companies are willing to work with utilities. This is a way in which you could essentially eliminate the peak load in the summers and shift it to the times when renewable energy is available.
But to do it, you need the air conditioning and ice making machines to be able to talk to the meteorological tower near the wind turbine. That takes a smart meter. It takes a control point at the user's end and it takes a control point at the generating end and the two need to be connected. That is the promise of a smart grid - software, electronics, the Internet.
Once you have a smart grid, you're in a different universe than the one with 1,000 megawatt machines that are always waiting on you hand and foot.
15 Jun, 2009
More Efficient Tungsten Filament
An ultra-powerful laser can turn regular incandescent light bulbs into power-sippers . . . The process could make a light as bright as a 100-watt bulb consume less electricity than a 60-watt bulb while remaining far cheaper and radiating a more pleasant light than a fluorescent bulb can.
The laser process creates a unique array of nano- and micro-scale structures on the surface of a regular tungsten filament—the tiny wire inside a light bulb—and these structures make the tungsten become far more effective at radiating light.
Got that? Maybe the incandescent bulb is NOT going to go away (?) . . .
(More)
13 Jun, 2009
DoE & CRE Industry -- Speed
Here's an interesting snippet buried deep in the AIA report -- I've boldfaced the piece that I really like:
Dave Pogue, the national director of sustainability for institutional and corporate services at CB Richard Ellis, says the way technology is currently introduced to the commercial real estate marketplace is a cautious process that helps abate potential risk.
“Generally, what we might do is beta test on a couple of buildings,” he says, but the beta test adds time to the process. “I think that’s what DOE is looking for in the near term: speed to market. They’d like to compress the time frame from good idea to application to broad application of programs and systems and the like.”
13 Jun, 2009
Kit-Built Prefab Zero Energy House
13 Jun, 2009
Bidding Is Rougher
Cases in point: "grab bag" notes in The Times-Union of Albany, NY --
5/20 -- John Coyne Electrical Contractors (East Greenbush) was low bidder on electrical contract for laundry facilities at the Brookwood Secure Center. There were 10 electrical contract bidders, four on the HVAC work, and three on the plumbing.
6/2 -- Phoenix Electricians (Cairo) was low at $19,447 on "the electricall portion of a contract to replace boilers" at a residential center in Ulster County. Bidders: 11.
13 Jun, 2009
Green Building Confusion
13 Jun, 2009
Solar's Electrical Problem -- ???
13 Jun, 2009
Copper Prices - Round Trip?
But here comes a story from Purchasing.com in which an analyst says (still) that copper prices for calendar 2009 will average $1.70.
. . . that's what make horse races. And it might make the electrical business a bit more complicated from here to Christmas, too.
10 Jun, 2009
How Target Thinks About Energy
We’ve been working with the USGBC to make sure our new prototype reached their Citation level that they are setting up for the new guidelines for retail, and our current prototype is pretty much there.
We
now have four LEED™-Silver stores. They can add cost, so we are careful
about each of the things that we do to get to those LEED levels. We are
probably more interested in the energy side, so we’re part of the
EnergyStar® program. We have had all of our stores evaluated and feel
that virtually all the stores would score high enough to receive the
EnergyStar citation.
Now we have to have a professional engineer visit each store and evaluate them before we can get that. But that does cost a bit of money, so we are evaluating the value of doing that for all the stores. But I think that you’d find that our performance in that program is the best of any retailer, or very close to it.
We
have 18 stores, almost all in California, with photovoltaic
installations across the roof. We have a team that’s constantly
watching for opportunities to do more of those. It usually takes a
partnership with the utility or a governmental entity that’s providing
some of the subsidy to make it happen financially.
We can go on and on. There are a lot of things we do in the building and recycling construction materials that all fit into LEED classifications. Probably half of our stores go into sites that were already used for something else. There’s a great deal of remediation of brownfields. Going forward, because of the economy and changes in demographics, the bulk of our stores will be going into already built up urban zones and therefore into properties that are being redeveloped and cleaned up. We may see a lot more LEED-rated stores going forward.
10 Jun, 2009
Light Bulbs + Efficiency
Osram Sylvania already sells premium-priced fluorescent bulbs that meet the highest possible standard DOE might soon implement. But some company officials say the toughest standard being weighed for fluorescent tube lights is not the most appropriate.
“One concern we have is that legislators are listening to all the press releases about what future technology can do, but not paying attention to real life,” says Susan Anderson, energy relations manager for Osram Sylvania.
Many residential customers, she notes, have older fluorescent fixtures that are incompatible with high-efficiency bulbs, so the toughest standard would force homeowners to replace not just bulbs, but fixtures as well.
Technology experts at Sylvania say they can make lighting more efficient but that technical hurdles are getting higher. “We’re reaching the limit in gaining savings from the lamp alone,” says Martin Zachau, vice president of research and development. “A lot of future potential energy savings is really more in the electronics than the lamp itself. It’s a growing challenge.”
10 Jun, 2009
Measuring Building Intelligence
10 Jun, 2009
COAL: 16 Tons
2. Three hours of labor. That's what it takes to wrest 16 tons of coal from the ground.
3. 37 tons of carbon dioxide. "To give you perspective on volume, 5 tons of carbon dioxide would occupy an Olympic-size swimming pool."
4. 2 tons of fly ash (after the coal is burned, of course).
5. 0.032 ounces of mercury.
10 Jun, 2009
Workforce Shortage -- Still Around!
But here's a sampler of recent reading:
May 2009 T&D World -- "30% or more of the existing utility workforce is or will be eligible for retirement in the next five years."
Dec/Jan SOLARPRO magazine (5p PDF) -- "Extending the federal tax credits for solar through 2016 is expected to create 440,000 permanent jobs in the U.S. solar industry, according to Navigant Consulting" from Mark Culpepper, vp at SunEdison: "Right now, I would call it a marginal roadblock. In the future, it could become a very big roadblock."
10 Jun, 2009
100 Nukes?
I actually have had similar, more-radical thoughts. Just in case coal really IS calling global warming, it's dumb to build a single new coal plant. If we're going to retire coal plants as they age, we're going to need to replace them. If we replace them with plants powered with natural gas, we're going to cause the price of that commodity to soar.
Nuclear can be the answer. It's non-polluting (potentially). We need to solve the nuclear waste disposal problem -- and I think we can. We need to solve the problem of non-standardized power plants -- and that's easily done.
For several years now, I've envisioned nuclear power as the "transition" electricity generating source, the thing that gets us from where we are now to where we're going to be (solar, wind, fuel cells, you-name-it -- all operating on a unified national "Smart Grid").
Here's the thing: My vision (and Alexander's) is EXPENSIVE. To do nuclear power the right way, you'd have to make the plants a lot more expensive (and they already are more expensive now compared with the 104 commercial nukes now in operation). If you did disposal right, add MORE costs.
So what? That's the cost of a bridge to the future.
08 Jun, 2009
92 Congresspeople At JATCs
I'm not sure if that includes Senators or not. If it does, it's 92 out of 535, which is a pretty good result. If it's just counting people from the House of Representatives, it's 92 out of 435.
Now, I know, I know -- NECA-IBEW is union. I work for NECA-IBEW. This whole thing is awful, I'm prejudiced, blahblahblah.
That's not the point here. It's good for the elected folks (in Washington or anywhere else) to get out and rub shoulders with people in the electrical construction industry. This is a good thing for the country, as well as a good thing for the industry.
08 Jun, 2009
17 Lighting Errors
Sometimes, a retrofit test can fool you. The light-level readings you obtain today may not stay within an acceptable range over time. Depending on the lamp selected, different lumen maintenance curves apply. Over time, lamps will lose their brightness, shown on the lamp lumen depreciation curve. Also, dirt and dust accumulation must be factored into the equation. Always evaluate your proposals based on light-level readings that will be maintained over time.
08 Jun, 2009
Prewiring Your Home
08 Jun, 2009
Construction Employment Data
08 Jun, 2009
"Corporate Carbon"
However, I accessed a lot of info that I don't want to lose. One website of interest was CarbonCatalog.org. One item, "Managing Corporate Carbon Legally and Practically," was really, really interesting. Just the headline (the phrase "corporate carbon" was new on me, although that may say more about me than the phrase).
Of course, "carbon footprints" and "corporate carbon" might seem to be pretty Out There for some. But the guy on the "A side of the Q+A made a lot of sense. Here are three paragraphs comprising a well-thought-out approach:
It’s far easier, useful, and practical to produce estimates for entire facilities over which your organization has majority control. This includes joint ventures. The numbers will change year to year anyway, as product lines are added or closed out. The public, governments, and competitors do not need to see the details of plant operations. And, you pay the electric bill for a whole facility, not for each product line. To do otherwise is just asking for frustration. And it will fragment small businesses from larger ones.
It’s more important to be able to make a reasonable estimate of how much reduction of emissions can be achieved year-by-year, decade-by-decade, than it is to estimate the baseline emissions of a company or business. Outside consultants are in no position to know how much efficiency can be wrung out of a process or business model. You are always better off to start with inside experts, guided by outside consultants rather than the other way around.
08 Jun, 2009
Smart Homes & ECs
Due to the increased popularity of the smart home market, the Electrical Contractors Association's (ECA) technology team has increased the amount of guidance on audiovisual systems available to members. The ECA has also teamed up with AMX, and will be running advisory seminars in AMX's London showroom for their members. In addition, the ECA offers its members a company qualification scheme that involves onsite inspection of work, and a six-year warranty scheme, guaranteeing client confidence and satisfaction.
The European Electrical Contractors'
Association (AIE) and the European Telecommunication Services
Association (ETSA) will shortly be announcing the launch of its
'European Smart Home Installers Scheme,' aimed at helping clients to
identify companies who design, install, maintain and service smart home
installations. Their system introduces the world's first system for
grading smart home systems in terms of smartness and energy efficiency.
Things, obviously, are different in the Old World.
08 Jun, 2009
Wireless Electricity
05 Jun, 2009
EC Employment
In April, ECs had 633,800 employees on average (subject to revision), down 2,500 from the March revised figure of 636,300.
Call April flat with March.
April 2009 is 11.65% down from April 2008.
Thus far (thru 4 months), EC employment in every month in 2009 has started with a "6", whereas for 12 months of 2007 AND 2008, every month's average started with a "7".
05 Jun, 2009
Construction Gains
May's figure is down 15.3% below May 2008. April 2009 was 14.8% below last year's comparable month.
05 Jun, 2009
Birth/Death Adjustments ?????
What is the Birth/Death Model? It's an attempt by the BLS to estimate how many jobs were created in the economy that the BLS can't "find" through its various official tracking efforts.
In April and May of 2008 (one year ago), the B/D Model ADDED 1,246,000 jobs to the national employment estimates. This is from the "not seasonally adjusted" piece of the B/D page.
In April and May of 2009, the B/D model added (subject to revision) 590,000 jobs to the national employment estimates. 319,000 were added in May (220,000 on a seasonally adjusted basis).
WHAT THIS MEANS: Take out the B/D Model (put it at zero) and the unemployment number for May would have been 567,000 rather than 345,000. I think.
- - - - -
UNFAIR: It's unfair to pick on the B/D Model because of what it did or did not do in May or April-and-May together. ON THE OTHER HAND: Considering we are going through a kinda UNIQUE economic period, the idea that the BLS economists know what they are doing right now is fairly ridiculous.
My preference would be to avoid using B/D Model numbers at all and to go with just the Establishment data. But that's not happening, and it's not going to happen.
BUT . . . in a difficult period for the global and national economy, isn't it kinda hard to believe that tiny existing businesses and start-up companies created 590,000 jobs in the 61 days between 4/1/09 and 5/31/09????
05 Jun, 2009
U-6 Unemployment
The figure for May 2009, no seasonally adjusted, is 15.9%. It was 15.4% last month and 9.4% one year ago.
In May 2007, it was 7.9%.
05 Jun, 2009
Unemployment Numbers Mess
So I downloaded the Bureau of Labor Statistics release. Here's what I see on just the first two pages:
Paragraph One, page one -- "nonfarm payroll employment fell by 345,000 in May . . . the unemployment rate continue dto rise, increasing from 8.9% to 9.4%."
Paragraph Two, page one (I kid you not) -- beneath a subhed that says "Unemployment (Household Survey Data)" -- "The number of unemployed persons increased by 787,000 to 14.5 million in May."
Table A -- under the column heading April-May change --
Unemployment -- +787,000
- - - - -
So what's the correct number? The difference between the household survey number (787K more unemployed in May) and the "official" number in the headlines (345K more unemployed) is that the official number comes from a survey (of, if I remember correctly, 400,000 employers). The household number comes from a phone survey of 60,000 citizens (if I remember correctly).
I've asserted in the past that I'd rather go with the Establishment survey. That still seems reasonable to me.
- - - - -
Some other random data:
a. The civilian labor force increased by 350,000 people from April to May.
b. The number of people "not in labor force" decreased by 170,000 from April to May.
c. These two things along could have contributed to the increase in the number of unemployed to 14,511,000 in May (from 13.7M in April).
More in the next posts above.
04 Jun, 2009
Contractor Reports
Answer: It's not so bad right this minute, but when we look ahead to the summer (July-Aug and beyond) . . . it really sucks.
Among other things:
-- layoffs coming
-- 15 to 20 bidders on jobs where not too long ago there were 3 to 5
-- "everybody's bidding below cost to get work" (to keep the core crew members busy)
-- "we are developing budget numbers for some people" -- which means there ARE projects in the design process, but -- if they get off the boards and into ground-breaking -- those are months and months away from generating significant electrical work.
I don't know how long this lasts, but I suspect it's going to be a while; and it's going to really suck.
04 Jun, 2009
EMCOR Stock Runs Up
So, to avoid temptation (and to appear as pristine as a Vestal Virgin) -- I avoid any appearance of impropriety.
Well, I have to tell you, I am very frustrated about the performance of EMCOR Stock (symbol EME). Take a look:

This is the 3-month chart. The stock has run up from $14-$15 to $23-$24. I did notice that it was down around $15, and I would have bought it at the time. I'm not sure I'd be selling now (hint, hint!) . . . but the run up from $15 to $23 is a 53% move. In three months.
Note that the run-up in the S&P 500 index in that same period is about 35%.
04 Jun, 2009
Green ECs
An Illinois EC built a wind turbine on its property, neighbors say it's noisy, the EC says it ain't.
A solar boom in Florida, according to a Washington Monthly article, includes as its leader an EC who is coming up with the money. Note that the WM is a political magazine.
(plus a bit about Limbach, a mechanical contractor once owned by Enron).
04 Jun, 2009
AGC Meets With Bigwigs
04 Jun, 2009
More Efficient Incandescents?
Michael Siminovitch, the director of the California Lighting Technology Center, described super-efficient incandescents as the “holy grail” of lighting research right now.
“The stuff is happening, and will happen,” Mr. Siminovitch said. “We’re all going to be doing it because people hate fluorescents so much.”
EleBlog take: Mr. S is absolutely correct!
04 Jun, 2009
Association Shut-Down
I'm aware of other orgs where folks are having a "rolling" furlough -- everyone gets to take a week "off" (unpaid) . . . but not at the same time. This is wild!
04 Jun, 2009
What I Heard About LEDs
02 Jun, 2009
FREE Lighting Webinar -- June 11
Key Learning Objectives:
1) Understand today's lighting options (including LEDs) so that you can maximize your facility's appearance and savings, by comparing what you currently have with today's most efficient solutions
2) Stay compliant with legislation and learn how to take advantage of the incentives, rebates & tax deductions that help improve your already attractive lighting retrofit ROI
3) Understand the economic value of lighting upgrades and learn how to arrive at the right decision for your facility
02 Jun, 2009
VIDEO: Green Remodeling
Note: I work in the basement of my home. I have the TV on while I work, sound off. For YEARS, it was on CNBC. Sometimes, I turned the sound on (when they had a guest like Jimmy Rogers -- a guy whose ideas I want to hear -- or when I needed distraction from a long work day).
I came to hate CNBC.
A few months ago, I switched to Bloomberg.com. The switch involved paying my cable company $2 more a month, which doesn't make me happy. But Bloomberg.com is a much better alternative to CNBC. There's no rah-rah-sis-boom-bah stuff. I don't watch Larry Kudlow anymore and wonder why he's not in a cheerleader outfit, complete with pom-poms.
That being said: I like the way this video BEGINS. Bloomberg's reporters/producers acutely point out that "green" residential remodeling means different things to different people, and the first seconds show four people providing completely at-odds definitions.
02 Jun, 2009
Additional Input
Construction wage gains weaken -- this is about union construction.
Economic recovery in 2009-2010, but problems beyond -- I think this perspective might prove to be VERY correct, and VERY VERY important.
. . . . Maybe very very very. Here's Jim's conclusion:
02 Jun, 2009
Haughey's Take On Spending
It was a short 2-paragraph entry. I'm going to regurgitate all of it here (here's a link to Jim's blog) because this is important. I've subdivided some of the paragraphs for emphasis or easier reading:
This is implausible.
But by now we are used to wild swings and frequent large revisions in the remodeling data.
There are three key insights in the April spending report.
- First,
the housing market continues to weaken rapidly, down 6.7% more. The
recent stabilization of home sales will not stop the spending slide for
a few more months.
- Second, the manufacturing and power markets
continue to expand with each now nearly as large as single family
housing. This is momentum from the 2003-07 business expansion which
will not last much longer.
- Third, commercial real estate is more distressed than reported earlier with downward revisions for both office and retail construction spending.
02 Jun, 2009
Green Shoot Baloney - Case #4,137
EXAMPLE -- Headline from Bloomberg.com: "Construction Spending in the U.S. Unexpectedly Climbs."
When I saw that, I said to myself "no it didn't!!!!!!!" But here's the story:
"The 0.8% gain (in April) wasthe biggest since August and followed a revised 0.4% increase the prior month [March]."
Well, how the F--- could construction spending be DOWN 11%-plus in the year's first 4 months vs. 2008, then? Manipulation? Look over here, don't look over there?
I don't know. The same idea permeated a lot of the reporting (and apparently led to a stock-market uptick on 6/1). Example: Christian Science Monitor blog: "US construction spending rises, raising eyebrows."
I do know that some sources got it right ("Construction Spending Sinks," read the headline in the Portland Business Journal - as in Ore.).
02 Jun, 2009
Construction Spending in April
1. As noted here before, I cut straight to Table 2, the value NOT Seasonally Adjusted.
2. For total construction in the year's first 4 months, it's $286.3B, down 11.3%. That's right, DOWN 11.3%.
3. Private construction for the first 4 months = down 16.4%.
4. Private residential construction for 4 months, down 34.3%.
5. Private nonresidential construction is flat (0.0% change). It was $125,012,000,000 in the year to April 2009, $125,018,000,000 in the first 4 months of 2008. Flat. That's almost the same (but not quite) as the report last month, in which nonresidential was UP 0.2%.
6. Public construction was up 3.4% in the year's first 4 months.
Those are the facts. In the next item, we'll deal with the baloney.
01 Jun, 2009
Truck Tonnage Index Falls
In April, the SA tonnage index equaled just 99.2 (2000 = 100), which is its lowest level since November 2001. The not seasonally adjusted (NSA) index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, was down 2.9 percent from March. In April, the NSA index equaled 101.6.
Compared with April 2008, tonnage contracted 13.2 percent, which was the worst year-over-year decrease of the current cycle and the largest drop in thirteen years. In March 2009, tonnage dropped 12.2 percent from a year earlier.
So . . . where, exactly, are the "green shoots?"
01 Jun, 2009
Coulomb Technologies . . . EVs
Coulomb provides charging stations that go curbside in condominiums, apartments, public lots, at the workplace, or anywhere consumers park.
Our stations are unique because they include Smart Grid integration and a billing system that provides money to pay for all recurring costs. We have the capability to build charging infrastructure to enable rapid growth of the electric vehicle market.
Find the company here.
[If you're like me, the name "Coulomb" rings some sort of bell. I went to Wikipedia -- here's a profile of the man and here's a read-out on the unit of electrical measurement!
01 Jun, 2009
Zero-Energy Homes By 2016
01 Jun, 2009
Modular Chicken Store
01 Jun, 2009
Pessimism vs. The Market
Among the pessimists are the members of the Federal Open Market Committee (of the Federal Reserve Board). A 5/20 Wall Street Journal blog reported on the latest projections from the committee, which now expects "a worse 2009 and 2010 than they forecast in January."
Unemployment, Q4 2010 -- now seen as 9% to 9.5%, vs. the earlier 7.7% to 8.5%.
Q4 2009 GDP -- January's projection was a decline of 0.5% to 1.3%, now FOMC sees a Q4 dip of 1.3% to 2.0%.
Full-year 2010 GDP -- January: 2.5% to 3.3%. Now, 2% to 3%.
These numbers mean nothing, of course, as virtually every single economist has been WRONG WRONG WRONG in recent years (so it wouldn't be surprising if these people were wrong now, too, and were wrong in January). The key here is that the group that is running the economy (it's the Fed you know, NOT Obama!) sees things through a darker glass than it did just 4+ months ago.
01 Jun, 2009
Smart Grid: Invisible ROI
Many of the benefits of smart grid are attributable at the Federal or regional level, beyond the utility making the investment. National security, cyber security, and the ability to optimize and manage the grid and required reserve margins at a national level are, for example, benefits of individual utility smart grid investment; however, these benefits are neither quantifiable at the local level nor are they considered appropriate for rate recovery.
Instead utility benefits are limited to cost savings due to automated meter reading, remote cut-off and hook-up, increased distribution efficiency, etc. While all conference participants are aware of and articulate about the societal benefits, including the prospect of improving the lives of the general public and, particularly, our children and children's children, these benefits are hard to quantify and justify at a local level without an equally far reaching appreciation of the potential of smart grid investment on the part of the state regulator.


