Electroindustry Business Confidence Index matches highest post-recession mark

The National Electrical Manufacturers Association’s February Electroindustry Business Confidence Index (EBCI) for current North American business conditions again pointed toward widespread improvement in the business environment facing electrical equipment manufacturers. The overall index remained steady at 73.8, matching its highest post-recession mark. Meanwhile, the EBCI for future North American conditions retreated slightly but remained in “historically elevated territory” at 81.

Click here for the complete report.

The EBCI indexes are based on the results of a monthly survey of senior managers at NEMA member companies and are designed to gauge the business confidence of the electroindustry in key world regions.

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

-Bill O’Leary

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