NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America declined to 50 in May, the value typically associated with a stable business environment, down from readings of 66.7 in April and 52.6 in March.
The EBCI for future North American conditions continued to signal widespread optimism even though the index retreated from 92.9 in April, a twelve year peak, to 85.3 in May.
for the complete May 2014 report.
The National Electrical Manufacturers Association (NEMA) represents nearly 350 electrical equipment and medical imaging manufacturers at the forefront of electrical safety, reliability, and resilience, as well as efficiency and energy security. Our combined industries account for 360,000 American jobs in more than 7,000 facilities covering every state. Our industry produces $106 billion shipments of electrical equipment and medical imaging technologies per year with $36 billion exports.