Distributors are Cautiously Optimistic for 2012 According to EW/KeyBanc Survey

While electrical distributors don't appear to be expecting a big bounce back in the electrical market's business conditions, a recent survey conducted in 4Q 2011 by KeyBanc Capital Markets, Cleveland, and Electrical Wholesaling magazine, tapped into a current of quiet optimism for the year ahead.

Survey results indicated demand in 2011's fourth quarter was slightly better than the normal seasonal sequential demand decline associated with the construction cycle, but they didn't

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