NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America was largely steady in February, inching upward to 57.9 from 57.5 in January. In contrast, the survey’s measure of the mean degree of change in current North American conditions softened in February, retreating to +0.2 from +0.4 a month ago. Meanwhile, the EBCI for future North American conditions gained ground, climbing to 78.9 in February, up 11.4 points from January’s reading of 67.5.
Click here for the complete February 2015 report.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Nearly 400 members strong, its companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.