After improving by more than 20 points in July, NEMA's Electroindustry Business Conditions Index (EBCI) for current conditions in North America declined by 15 points in August to settle at 52.5. Meanwhile, the EBCI for future North American conditions held steady at 55, following a modest improvement in July. Thirty-five percent of panelists expect business conditions to improve over the next six months, up from 30% last month. Still, 25% expect them to deteriorate, up from 20% in July. Forty percent expect little change in the business environment between now and early 2016.
Click here for the complete August 2015 report.
The National Electrical Manufacturers Association (NEMA) represents nearly 400 electrical, medical imaging, and radiation therapy manufacturers. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the U.S. Domestic production exceeds $117 billion per year. Our industry is at the forefront on electrical safety, reliability, resilience, efficiency, and energy security.