2016 National Factbook

2016 National Factbook

Conflicting economic signals from the construction and industrial business segments make it tougher to gauge the electrical industry in 2016, but good growth opportunities still exist in some market segments.

The decline in the industrial market segment over the past two quarters seems to have a cast a shadow over any optimism for the overall 2016 electrical market.  And that’s a shame, because the construction market should more than pull its weight in 2016 with some steady if unspectacular growth forecast for the commercial building segment and big-time growth expected in the single-family construction market.  The construction outlook for 2016 definitely has a “Tale of Two Cities”  flavor

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