Our forecast for 2008 has been consistent at least for the past two years, and that outlook has always shown that electrical industry growth will be in the low single digits. I would be delighted to tell you that we now see more growth than anticipated. Unfortunately, I cannot be the bearer of such good tidings.
This is not a surprise to just about anyone in the electrical industry. The only questions are: How bad do we expect it to be? What are the root causes as we see them? And do
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.