ROSSLYN, Va. — The National Electrical Manufacturers Association (NEMA) released its September Electroindustry Business Confidence Index (EBCI) today. For a second consecutive month, the index reflected an improvement in the current conditions measures with an overall increase of three points, from 65.6 to 68.8.
The future conditions index increased from 62.5 to 75 with a few survey participants expecting an increase in new purchases related to reconstruction in areas damaged by recent storms.
The EBCI indexes are based on the results of a monthly survey of senior managers at NEMA Member companies. They are designed to evaluate the business environment of the electroindustry in the United States and Canada.
To view past confidence indexes, click here. September's EBCI report can be found here.
The National Electrical Manufacturers Association (NEMA) represents 350 electrical and medical imaging 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.