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Electrical Industry Sales Beginning to Rise, but Recovery Lagging Overall Economy
By: Herm Isenstein, DISC Corp.
We’re on a road we have never traveled — an economic “great recession” that plunged the electrical industry into its worst downturn in history. The overall economy has now begun its recovery, with the official recession declared over as of June 2009. Recovery for the overall economy, measured by GDP, means we have “turned the corner” and we are on a plus-growth path. For the electrical industry, however, our last actual data point, the first quarter 2010, showed distributor sales at -3% from the year-ago period.
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Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel from the editors of Electrical Marketing.
Industry Calendar
June 3-6
Windpower 2012
Atlanta; American Wind Energy
Association (AWEA); 202-383-2500, www.windpowerexpo.org
July 11-12
NAED Congressional Fly-In
Washington, D.C.; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
July 19-21
NAED 2012 Lead Conference
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
August 20-22
NAED 2012 AdVenture
Chicago; National Association of Electrical Distributors (NAED), 314-991-9000, www.naed.org
.... More events and information
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