National Credit Crunch Puts the Squeeze On Electrical Industry

All of the talk about credit crunches and the global economic recession is having a real-world impact on the electrical market, according to distributors and reps around the United States.

Distributors and reps are already seeing some projects put on hold and cutbacks in contractor worker employment. Sources are seeing a softening in light commercial work such as strip malls, restaurants, gas stations and small offices. This softness is reflected in the consensus construction forecast

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