Electrical Marketing’s Leading Indicators

Contractor employment reflects slow construction market. One of the most direct indicators of business conditions in the electrical market is how many people are employed at electrical contractors, and as you can see in the chart on this page, employment at these firms only increased marginally in May. According to the Bureau of Labor Statistics, electrical contractors had 720,900 employees in May, a 0.2-percent increase over April and up 1.23 percent over May 2010. However, this indic

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