The North American Industry Classification System (NAICS) is the backbone of how Federal statistical agencies classify business establishments in the U.S. economy. Introduced in 1997, NAICS replaced the outdated Standard…
The U.S. Census Bureau recently released its Monthly New Residential Construction Report for October 2024, offering critical insights into the housing market’s activity. Key Takeaways Implications for the Industry Understanding these trends…
The Department of Commerce’s announcements highlight significant investments to boost American manufacturing, digital equity, and environmental conservation. Proposed CHIPS Act funding for semiconductor facilities in Pennsylvania, California, and North Carolina…
As we move through these challenging times, the outlook for 2024 brings a mix of cautious optimism and uncertainty. We’re currently forecasting a 2.9% increase over 2023’s performance, with contractor-focused…
We are thrilled to announce a strategic partnership between DISC Corp and Channel Marketing Group that aims to revolutionize market analysis for the electrical distribution industry. This collaboration is set…
The U.S. Department of Commerce and SK hynix have signed a preliminary memorandum of terms to provide up to $450 million in federal incentives under the CHIPS and Science Act.…
The Manufacturing and Trade Inventories and Sales report, based on data from the Monthly Retail Trade Survey, the Monthly Wholesale Trade Survey, and the Manufacturers’ Shipments, Inventories, and Orders Survey,…
As we look back on the first half of 2024, a review of the Census Bureau Index of Economic Activity YTD indicates that, as predicted, we are an economy in…
The electrification of the economy, a transition aimed at reducing dependency on fossil fuels and mitigating the impacts of climate change, presents new opportunities for the electrical community. Electrification brings…
The electrification of the economy, a transition aimed at reducing dependency on fossil fuels and mitigating the impacts of climate change, presents new opportunities for the electrical community. However, electrification…
By Kevin Coleman ~ March, 2024 Anecdotal results from the latest Pulse of Lighting report, a quarterly survey of electrical industry professionals (distributors, agent representatives, manufacturers), cites switchgear delays as one of…
With the recent FED decision to hold up interest rates, I wanted to share how interest rates play a pivotal role in shaping the prices of goods and services in…
DISC’s forecast for 2023 predicted a mild recession with FED interest rate hikes acting as economic brakes and curbing inflation. However, expectations were proven wrong with the American economy demonstrating…
Sales budgeting, forecasting, and market planning are crucial components of any organization’s overall success. Each plays a significant role in determining a company’s direction, revenue projections, resource allocations, and overall…
Black swan events are rare and unpredictable happenings that have a severe impact on various systems, including economies. Coined by former options trader Nassim Nicholas Taleb in his 2007 book…
