NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America measured 56.3 in October, down slightly from 56.7 in June, the last time the index was released. Neverthless, October’s result, coming in above the 50-point mark, showed signs of improvement in the business environment. Respondents remained optimistic on balance regarding confidence in future business despite a fall in the October EBCI for North American conditions six months forward to 71.9 from 83.3 in June.
Click here for the complete October 2013 report.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Arlington, Virginia. Its 400-plus 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.