North American EBCIs Point To Continued Improvement In Business Conditions In April
April 29, 2013
NEMA's April Electroindustry Business Confidence Index (EBCI) for current North American business conditions indicated continued improvement in the business environment, as the index edged up to 66.7 from the 65.9 recorded in March. By contrast, confidence in future business conditions declined in April but remains firmly in positive territory. The EBCI for North American conditions six months hence retreated by just over 10 points in April to 80.6 from 90.9 in March.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Arlington, Virginia. Its 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. Worldwide annual sales of NEMA-scope products exceed $120 billion.