Electrical Economy


Check out the latest news we've gathered to get a read on the health of the economic sectors that most affect the fortunes of the electrical industry.

  • Aug 6, 2015

    WESCO revises forecast down, closes branches

    WESCO International Inc., Pittsburgh, in the face of continued slowness in some of its key markets, especially in Canada, made some changes recently discussed in an earnings call by the company’s chairman and CEO, John Engel....More
  • Aug 5, 2015

    Osram grows earnings, looks ahead to carving out lamps

    Management at Osram Licht AG, the parent company of Osram Sylvania, Danvers, Mass., reported its earnings (EBITDA) excluding special items grew 24% to €64 million from the year earlier, a 9.5% margin on revenue of almost €1.4 billion, which was 12% above year-earlier levels, in part due to the weakness of the Euro against key currencies and the acquisition of Clay Paky, the company said in a management presentation posted on the Osram website....More
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