Electrical Distributors See Slow Growth and Conservative Investment Scenario in 2017

Electrical Distributors See Slow Growth and Conservative Investment Scenario in 2017

Note: The printed version of this article contained an error in the text. This version has been revised to show the correct electrical distributor nationwide sales growth forecast for 2017 of 3.1%.

It’s probably not a big surprise to many execs in the electrical industry that distributors are expecting slow growth in 2017. The 3.1% growth rate that distributor readers of Electrical Wholesaling magazine forecast in a recent survey is under the 4% to 8% average growth rate that the industry typically sees. While 3.1% growth is nothing to cheer about, it’s still above the 2.1% increase in Gross Domestic Product (GDP) that the Fed’s Federal Open Market Committee expects for n

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