Electrical Industry Sales Beginning to Rise, but Recovery Lagging Overall Economy

We’re on a road we have never traveled — an economic “great recession” that plunged the electrical industry into its worst downturn in history. The overall economy has now begun its recovery, with the official recession declared over as of June 2009. Recovery for the overall economy, measured by GDP, means we have “turned the corner” and we are on a plus-growth path. For the electrical industry, however, our last actual data point, the first quarter 2010, showed distributor sales at -3% from

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