In this episode, Don Leavens, Vice President and Chief Economist of the National Electrical Manufacturers Association, discusses both cyclical and structural forces shaping the U.S. electrical manufacturing space. Following Don’s description of the electrical manufacturing growth picture, the questioning turns to product and process innovation. When asked about concentration and barriers to entry, Dr. Leavens offers an innovative global perspective on the market structure discussion. The interview concludes with Don’s assessment of the impact of demographic change on electrical equipment demand.
