December 2010
The Electroindustry Business Confidence Index (EBCI) for current North American business conditions climbed for a second consecutive month in December, rising 5.5 points to 68, its highest level since June. December’s increase followed a 14.5 point gain a month earlier. As a reading above 50 indicates more panelists than not reporting better conditions, these results show widespread improvement in the business environment across the electroindustry in the final months of 2010.
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November 2010
The Electroindustry Business Confidence Index (EBCI) for current North American business conditions climbed 14.5 points in November, rising to 62.5 from 48 a month ago. With a reading above 50 indicating more panelists than not reporting better conditions than a month ago, and vice-versa, these results show widespread improvement in the business environment across the electroindustry in November, in contrast to the modest deterioration seen in October. Full Report (
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October 2010
Data from NEMA’s monthly survey on the electroindustry business environment showed a slight decline in business conditions in October, ban improvement in expectations for future conditions. The flagship Electroindustry Business Confidence Index (EBCI) for current North American business conditions fell to 48 from 53.6 in September. A reading above 50 indicates more panelists than not reported conditions improved during the month, while a reading below 50 indicates more panelists than not reported conditions deteriorated. Full Report (
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September 2010
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions rebounded in September, rising 7.3 points from August to 52.6. A reading above 50 indicates more panelists than not reported improved conditions during the month. Twenty-five percent (25%) of panelists reported improved conditions in September, slightly higher than August’s figure of 24%. Only 18%, though, reported deteriorating conditions in the latest month, against 36% in August. The balance of respondents in both months reported conditions were unchanged. Full Report (
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August 2010
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions plummeted in the latest month, falling nearly 18 points. With the August performance coming on the heels of a decline of nearly 7 points in July, the index has now fallen by more than 24 points in the space of only two months – from 70.4 in June to 46 currently. Full Report (
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July 2010
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions slid nearly 7 points in July, falling to 63.5 – its lowest level since January 2010 – from 70.4 a month earlier. While the index reading implies that the economic environment faced by electrical equipment manufacturers continued to improve on balance in July, a decidedly smaller share of panelists reported improvement than been the case over the last several months. Full Report (
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June 2010
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions posted a small gain in June, climbing 1.6 points from May to 70.4. The index has remained in a tight range since March, with monthly values falling between 68.8 and 71.7 – levels indicative of widespread improvement in business conditions across the electroindustry. Indeed, June’s results showed 13 panelists reporting an improvement in conditions from May, against only 2 reporting a deterioration. (The balance of the 27 panelists reported conditions were unchanged.) Full Report (
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May 2010
North American business conditions continued to improve on balance in May, though positive sentiment was less widespread than in the previous month, according to NEMA’s Electroindustry Business Confidence Index (EBCI). The EBCI for current North American conditions slipped 3 points to 68.8, with 10 of the 24 panelists responding to this month’s survey reporting that conditions were better relative to April. (One panelist reported a decline, and the balance saw no change.) By contrast, April’s survey showed 11 of 23 panelists claiming an improvement against one claiming a decline. Full Report (
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April 2010
The economic environment facing electrical equipment manufacturers continued to show strong improvement in April, according to respondents to NEMA’s latest business confidence survey. While the Electroindustry Business Confidence Index (EBCI) for current North American conditions was unchanged in April at 71.7, it matched its highest monthly level since May 2004. Readings above 50 are typically associated with an improvement in conditions, and vice-versa. Eleven of the 23 panelists responding to the April survey, or 47.8%, reported business conditions had improved relative to March, while only one panelist reported they deteriorated. Full Report (
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March 2010
The business environment has improved markedly since December 2009, according to electrical equipment manufacturers polled in NEMA’s most recent business confidence survey. The Electroindustry Business Confidence Index (EBCI) for current North American conditions rose sharply in March 2010 for a third straight month, increasing 7.2 points to 71.7 – its highest level since May 2004. Readings above 50 are typically associated with an improvement in conditions, and vice-versa. As recently as December, the index had registered 48.2. Notably, none of the survey respondents reported that conditions deteriorated in March. Full Report (
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