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Electroindustry Business Conditions Index


​The EBCI indexes are based on the results of a monthly survey of senior managers at NEMA member companies and are designed to provide a measure of changes in the business environment facing electrical equipment manufacturers.

For more information, e-mail NEMA's Business Information Services.

*Please note that no EBCI reports were issued in July, August, and September 2013.

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2016  |  2015  |  2014  |  2013  |  2012  |  2011

July 2016

NEMA’s Electroindustry Business Conditions Index (EBCI) remained above 50 again in July, signaling that conditions continue to be conducive for expansion in this sector. However, the current conditions index retreated back toward the threshold point from 59.4 in June to 53.6 this month. A majority of July’s respondents, 64 percent, reported conditions unchanged from a month ago, which is up substantially from the 44 percent who thought so in June. Unsurprisingly, the share of those reporting better conditions dropped from 38 percent in June to 21 percent this month, while the proportion of respondents who noted worse conditions declined as well, but only by 5 points from 19 percent last month to 14 in July.​ EBCI results 20160727nm.pdf

June 2016

June marks the third consecutive month in which NEMA’s Electroindustry Business Conditions Index (EBCI) improved. The current conditions index increased from May’s reading of 53.3 to reach 59.4 in June. More respondents saw change in business conditions, for better or worse, than did so in May. Thirty-eight percent of respondents reported better conditions in June, up from only 20 percent of those responding in May while 19 percent indicated worse conditions, up from 13 percent in the previous month. Forty-four percent noted that conditions were unchanged this month, down considerably from the 67 percent reporting unchanged conditions in May.​ EBCI results 20160629nm.pdf

May 2016

NEMA’s Electroindustry Business Conditions Index (EBCI) rose in May, edging up to 53.3 points from 50 in April. Twenty percent of panelists reported conditions improved in May, similar to April’s 19%, but only 13% reported the business environment worsened in May, down from 19% in April. Two-thirds claimed conditions were unchanged in May, similar to the 63% who held this view a month ago.​ EBCI results 20160525nm.pdf

April 2016

NEMA’s Electroindustry Business Conditions Index (EBCI) continued its recent volatile behavior, dropping to a neutral 50 points in April after surging to 64.7 in March from 44.4 in February. Nineteen percent of panelists reported conditions improved in April, down from 41% in March. Another 19% reported the business environment worsened in April, up from 12% in March. The vast majority, though, claimed conditions were unchanged in April, up from the 47% who held this view a month ago. ​EBCI results 20160427nm.pdf

March 2016

​NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America surged in March, climbing to 64.7 from 44.4 the previous month as more panelists reported conditions improved than eroded. Compared to February, a larger share of the survey panel reported that business conditions improved (41% in March compared to 22% in February) and a smaller share reported that they deteriorated (12% in March compared to 33% in February). Forty-seven percent claimed conditions were unchanged in March, similar to the share holding this view a month ago. EBCI results 20160330nm.pdf

February 2016

​NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America fell back in February, dropping to 44.4 from 50 the previous month as more panelists reported conditions eroded than improved. Compared to January, smaller shares of the survey panel reported both that business conditions improved (22% in February compared to 41% in January) and that they deteriorated (33% in February compared to 41% in January). A plurality of panelists (44%) claimed conditions were unchanged in February. A considerably smaller 18% held this view a month ago. EBCI results 20160224nm.pdf

January 2016

​After a sizable decline in December, NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America rebounded in January. The index climbed to 50 from 41.2 the previous month, with an equal share of panelists (41%) reporting that conditions improved and that they deteriorated. Eighteen percent of the panelists stated that the business environment was unchanged.

Meanwhile, the EBCI for future North American conditions jumped to 67.6 in January from 52.9 in December. A larger share of panelists in January (53%) expect conditions to improve over the next six months than believe they will deteriorate (18%). Twenty-nine percent expect to see no change in business conditions. EBCI results 20160127nm.pdf

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