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America’s Electroindustry Supports 2.35 Million Jobs and More Than $375 Billion for U.S. Economy

The U.S. electroindustry is playing an increasingly critical role in meeting rising electricity demand, strengthening the domestic industrial base, and powering America’s future, according to new analysis from the National Electrical Manufacturers Association (NEMA). The new economic impact data show the U.S. electrical manufacturing industry, which has invested more than $200 billion in domestic production since 2018, supports 2.35 million American jobs, contributes more than $375 billion to U.S. economy annually, representing 1% of total U.S. GDP. The analysis also finds that the electroindustry directly employs more than 590,000 workers nationwide who manufacture the technologies that power and protect America’s homes, businesses, factories, hospitals, data centers, transportation systems, and the electric grid. Each direct job supports an additional three jobs elsewhere in the economy. With electricity demand expected to rise significantly in coming decades, continued investment in electrical equipment and systems will be critical to expanding energy capacity, strengthening grid reliability, and supporting long-term economic growth.  America’s Electroindustry Supports 2.35 Million Jobs and More Than $375 Billion for U.S. Economy   – NEMA

US Economy Expands at Surprising Pace in Second Quarter

An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate of second-quarter growth. The department had previously estimated second-quarter growth at 3.3%, and forecasters had expected a repeat of that figure. A category within the GDP data that measures the economy’s underlying strength came in stronger than previously reported as well, growing 2.9% from April-June, up from 1.9% in the first quarter.  US Economy Expands at Surprising Pace in Second Quarter – tEDmag

U.S. Economy Shows Remarkable Resilience in Face of Trade Turmoil

The world’s most powerful economy is showing remarkable resilience in the face of enormous pressure. Employers added more jobs than many economists expected last month, and the low unemployment rate held steady. The U.S. economy contracted in the first quarter, but the result was distorted by a rush of imports that offset generally solid demand. The stock market rallied sharply from its April lows. Yet real turmoil is threatening that strong foundation. President Trump’s ever-changing tariff policies, government cuts and immigration restrictions are disrupting trade and sparking deep unease among consumers, businesses and investors. Trump’s 145% tariffs on Chinese imports are causing cargo shipments from China to plummet, prompting major retailers to warn of likely price hikes and even shortages of some goods. In early April, economists forecast the likelihood of a recession in the coming year to be twice as high as it was at the start of the year.  At the moment, however, things are still looking surprisingly good. U.S. Economy Shows Remarkable Resilience in Face of Trade Turmoil – WSJ

Here’s a little-known fact about the MLB World Series

First, let me congratulate the Milwaukee Brewers on their first World Series Championship. Well played the entire 2026 season, 103 wins was the best.… My new team in the NL!

The 1903 World Series was the first modern World Series, and the Boston Americans (now the Red Sox) defeated the Pittsburgh Pirates 5 games to 3. Do you believe it………….a team from Boston actually won the first World Series…….  The surprising twist: The World Series wasn’t played at all in 1904! The NY Giants refused to participate because their owner, John T. Brush, considered the championship unnecessary. The Series returned in 1905, when those NY Giants won. So, baseball’s biggest annual event actually skipped its second year! The team from Boston (Americans, then Red Sox) have a World Series record of 9 wins and 4 losses in championship appearances, for a 69.2% championship success rate. Their nine championships came in 1903, 1912, 1915, 1916, 1918, 2004, 2007, 2013 and 2018. Sad fact: The team from Bean Town waited 86 years between championships, from 1918 until its dramatic victory in 2004 over the St. Louis Cardinals (4-0), when the Red Sox ended the famous Curse of the Bambino……just sayin!