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Strong Dollar Sinks Electroindustry Equipment Shipments in 2016

Strong Dollar Sinks Electroindustry Equipment Shipments in 2016

This piece was originally published in the March 2017 issue of¬†electroindustry. Donald R. Leavens, PhD, Vice President and Chief Economist, NEMA/BIS Electroindustry equipment shipments, broadly measured and seasonally adjusted, grew 0.9 percent in December after sliding one percent in November. A strong 2.2 percent gain in battery shipments in December was sufficient to offset a 0.4 percent decline in electric lighting equipment shipments and a 0.7 percent drop in core electrical equipment Read more […]