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Current Business Conditions Improve in March; Optimism for Next Six Months Remains Strong

03/26/2014 9:00AM

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America edged above the 50 point mark typically associated with a stable business environment in March to 52.6. The gain came on the heels of a reading of 50 in February and a sharp drop in January. Though the index for expected future business conditions retreated, it continued to point to widespread optimism. The EBCI for North American conditions six months hence fell to 86.6 from 91.2 in February.

Click here for the complete March 2014 report.

NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Nearly 400 members strong, its companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical  imaging and radiation therapy systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.

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