NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America rebounded in January, climbing to 57.5 from 50.0 in December. Thirty-five percent of January’s panelists reported conditions improved during the month, while only 20% indicated that the business environment worsened.
At the same time, January’s EBCI for future North American conditions edged up to 67.5 from 65 the previous month. Slightly more than half – 55% – of January’s panelists expect the business environment to improve over the next six months, compared to 25% who expect it to decline.
Click here for the complete January 2015 report.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Its nearly 400 member 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.