Prairie Industry Perspective - Electrical Distribution - September 2022

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The most recent information available from the National Association of Electrical Distributors (“NAED”) indicates that, during the second quarter of 2022, labor and supply chain issues impacted the electrical distributors industry. Indeed, during the second quarter of 2022, NAED’s “Expected Sales Growth Index”—which gauges industry leaders’ revenue expectations for the next 12 months and asks about capital spending, technology investment, sales backlog, inventory backlog and more—fell to 3.64, down from 4.02 in the first quarter of 2022.

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