Browsed by
Tag: Electrotrends: NEMA Staff Analysis

Electrical Construction Activity Expected to Wane as Economy Slows

Electrical Construction Activity Expected to Wane as Economy Slows

This piece was originally published in the November/December 2019 issue of electroindustry. Fred Ashton, Economist, NEMA Electrical construction is a primary end market for the electrical manufacturing industry. This market is prone to booms and busts as business cycles wax and wane. The Great Recession, which centered on overleveraged housing investments, ushered in an unprecedented era of stagnant household formation and tepid demand for housing. Households struggled to unwind big bets on Read more […]

Red Flag Financial Indicators Belie Solid Economic Fundamentals

Red Flag Financial Indicators Belie Solid Economic Fundamentals

By NEMA Chief Economist Don Leavens, PhD Over the summer, the U.S. economic expansion passed a 10-year milestone to become the longest stretch of uninterrupted growth on record. One reason for the record endurance is likely the expansion’s slow average growth pace compared to previous recoveries. Supply bottlenecks and inflationary pressures common with more robust recoveries only began to materialize late in the current business cycle, which has helped to sustain a decade of ultra-low interest Read more […]