As you can see in the following leading indicators, the U.S. economy may at long last be showing some signs of life. But don’t book that vacation to the Bahamas just yet — the electrical market usually lags the overall economy by at least a few quarters.
Purchasing Managers Index (PMI) still negative in April but declines are moderating. With a 3.8-point increase from March to 40.1 points, the PMI is still negative and well below the 50-point level that signifies growth in manufacturi
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