NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions increased for a third straight month and topped the 50-point threshold indicative of expansion for a second straight month in September.
Current conditions in North America, as measured by the EBCI Index, a monthly survey of electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va., rose 5.3 points to 58.6 points, the highest reading since April 2006 and more than 50 points above the region’s cyclical low of eight points in December 2008.
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Doug Chandler
Doug Chandler began writing about the electrical industry in 1992, and still ...
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NEMA’s EBCI Index Bullish Again in September
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Both North America and the Asia-Pacific region saw increases in both current and future conditions. Along with its 5.3-point increase in current conditions, North America had a 0.7-increase in future conditions. The Asia-Pacific region had a 5.2-point increase in current conditions and a 2-point increase in future conditions.