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 350 electrical, medical imaging, and radiation therapy manufacturers at the forefront of electrical safety, reliability, resilience, efficiency, and energy security. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the United States. Domestic production exceeds $114 billion per year and exports top $50 billion.