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Industry News
September 2020 NEMA Electroindustry Business Confidence Index
September 30, 2020

No month has fared better when compared to the previous month than September 2020 scored vis a vis August. With not one report of outright worse conditions, and nearly threequarters indicating a better business environment, the current conditions gauge rose nearly 17 points to an all-time high reading of 85.3. The tenor of respondent comments helps to highlight a caveat regarding the topline number. Despite the record-setting reading, business was not necessarily booming but was better across most of the electroindustry when assessed against last month. As one panelist noted, conditions were “improving slowly.”

Download the full report.

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