Economic conditions in the U.S. electrical, electronics, and related industries: an assessment

Derived from a report of the Ad Hoc Committee To Assess U.S. Economic Conditions in the Electrical, Electronics, and Related Industries, this article reports on the group´s principal findings for the 1970s. Their study sees a slowing of the demand for engineers with the rate increasing at about 2 percent a year, with supply and demand for electrical engineers reasonably in balance Government spending in domestic areas will probably not offset military and space decreases until at least 1980. The electrical/ electronics industry will show an average annual growth of about 7.5 to 8 percent per year. Government action to provide a better data base on manpower and industrial output, reduce trade barriers, stabilize the economy, and foster research and development through tax incentives is urged.