Current Conditions Continued To Improve In March, According To Electroindustry Panel
March 29, 2019
Despite a slight drop, from 55.9 last month to 53.3 in March, the current conditions component remained in expansionary territory. The share of manufacturers that noted unchanged conditions increased as reports of both better and worse conditions declined. Although no glaring concerns surfaced, some comments cited policy uncertainty, especially related to tariffs, as well as the desire that federal policymakers turn their attention to the nation's infrastructure needs.