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.