NEMA’s March Electroindustry Business Confidence Index (EBCI) for current North American business conditions continues to indicate improvement in the business environment despite slipping in March. The index registered 65.9 in March, down from the 73.8 recorded in the first two months of 2013. By contrast, confidence in future business conditions continues to build, as the EBCI for North American conditions six months hence climbed by nearly 10 points in March to 90.9, the highest level for the forward looking index in a decade.
Click here for the complete March 2013 report.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Arlington, Virginia. Its member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Worldwide annual sales of NEMA-scope products exceed $120 billion.
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