North American business conditions rebound in September

The National Electrical Manufacturers Association’s Electroindustry Business Confidence Index (EBCI) for current North American conditions rose to 42.1 in September, up from 35.7 and 38.6, respectively, in August and July. Despite rising to a three-month high, the index remained short of the 50 point level indicating that an equal number of panelists see conditions improving as see them deteriorating. Meanwhile, the EBCI for future North American conditions climbed to its highest level in four months, rising to 63.2 in September from 54.8 in August as panelists’ optimism rose.

Click here for the complete September 2012 report.

NEMA is a Rosslyn, Va.-based association with member companies that manufacture electrical equipment, including power transmission and distribution equipment, lighting systems, factory automation and control systems.

-Bill O’Leary

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