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Nick Akins, chairman, president and chief executive officer of American Electric Power Co.

Nick Akins, chairman and chief executive officer of the United States, is keeping a close eye on the country's economic patterns, he told Cramer in an exclusive interview Wednesday.

"Oil and gas is still doing fine, industrials grew by 2.4 percent, but we saw residential and commercial growth coming down a little bit," the American Electric Power chief said. "We think it's really driven by strong dollar, and certainly some of the tariffs are having an impact on non-oil-and-gas-related-activities – chemicals and so forth – and we're seeing some level of tempering, so we're watching that very close as we go forward. "

Residential and commercial growth are important indicators for the stability of the economy and for AEP, an electric utility giant at the center of large-scale power generation.

"It's a lot of eroding secrets when you look at it, which is your most important business, which is your mom-and-pop stores and big box stores," Akins told Cramer. "You want to make sure that continues to progress, because residential will follow."

Click here for his full interview.