NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America was largely steady for a third straight month in March as the index inched up to 58.3 from 57.9 in February and 57.5 in January. The survey’s measure of the mean degree of change in current North American conditions firmed in March, climbing to +0.3 from +0.2 a month ago. Meanwhile, the EBCI for future North American conditions slipped modestly in March. The index retreated to 75 from 78.9 a month ago, but remained firmly above January’s reading of 67.5.
Click here for the complete March 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 imaging and radiation therapy systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.