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Optimism for the First Half of the Year Continues to Climb Despite Weather Related Slip in Current Business Conditions


01/29/2014 9:00AM

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America slipped below the 50-point level typically associated with expansion in January for the first time since October 2012. The index declined for the third straight month, falling to 40.6 from 52.8 in December. In sharp contrast, confidence in future business conditions again gained ground in January. The EBCI for North American conditions six months hence rose to 90.6 from 83.3 in December, one of the highest readings in the history of the survey.

Click here for the complete January 2014 report.

The National Electrical Manufacturers Association (NEMA) represents nearly 400 electrical, medical imaging, and radiation therapy manufacturers. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the U.S. Domestic production exceeds $117 billion per year. Our industry is at the forefront on electrical safety, reliability, resilience, efficiency, and energy security.

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