The electrical industry's near-term fortunes are influenced by trends in the wider economy. Here's where we gather some of the most relevant economic data pointing to the direction ahead, including industrial purchasing, housing and nonresidential construction, rig counts and a whole lot more.
The weekly bar chart still shows copper contained within the $2.70 to $2.85 range, but copper, aluminum, lead, tin, and nickel are all hanging on by a thread to their respective support lines, while zinc is correcting from its precipitous decline.
The National Electrical Manufacturers Association (NEMA) said it welcomes progress in trade negotiations to modernize the North American Free Trade Agreement (NAFTA) and urged the U.S. Trade Representative (USTR) to pursue consensus among the...
Price increases are rolling through the channels for electrical equipment and construction materials of all kinds. This is the time for distributors to take a look at the effects on their profitability and the outlook for projects in their markets.