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The EBCI for future North American conditions was little changed from last month, edging up a modest 1.5 points to 37.5. Though far above the cyclical low water mark of 17.5 seen in the October aftermath of Wall Street’s collapse, the future conditions index also remained firmly in contractionary territory. Current and future conditions indexes for the other three world regions included in the survey showed mixed results in January.

Click here for the complete January 2009 report.

The Electroindustry Business Confidence Index gauges the business confidence of the electroindustry in Asia, Europe, North America, and Latin America, and is based on the results of a monthly survey of senior managers at NEMA member companies. Those companies represent more than 80 percent of the electroindustry.

NEMA is the trade association of choice for the electrical manufacturing industry. Founded in 1926 and headquartered near Washington, D.C., its 430 member companies manufacture products used in the generation, transmission and distribution, control, and end-use of electricity. These products are used in utility, medical imaging, industrial, commercial, institutional, and residential applications. Domestic production of electrical products sold worldwide exceeds $120 billion. In addition to its headquarters in Rosslyn, Virginia, NEMA also has offices in Beijing and Mexico City.

Press/Public Relations Contacts:
NEMA Communications Department
Email: communications@nema.org