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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.


2018  |  2017  |  2016  |  2015  |  2014

February 2018

Some EBCI panel members noted softer conditions in February relative to the strength of recent months. The share of those reporting worse conditions this month increased while the proportion of “better” responses declined, lending quantitative support to the anecdotal information. Despite sliding nearly 10 points to 61.8, February’s current conditions component remained firmly in expansionary territory. The most recent U.S. Census Bureau data depicted a similar mixed for last December when year over year electroindustry shipments grew by almost 4 percent while new orders ticked down slightly. ​EBCI results 20180228nm.pdf

January 2018

The current conditions component of the electroindustry business confidence index moved up from 66.7 in December to 71.4 this month. Fully one-half of the survey panel noted better conditions in January as the share of those indicating an unchanged business environment declined. Although the proportion of respondents reporting worse conditions edged up, one such member’s comment made it clear that January was worse only because the previous month was “amazing.” The expansionary reading of current conditions in January marked the 16th consecutive month this component topped 50, making it the longest such stretch since before the last recession. It is worth nothing that this upbeat sentiment has yet to materialize in hard data for some segments of the electroindustry such as lighting and manufacturing-related equipment, which have experienced declining shipment numbers reported by the U.S. Census Bureau on a year-over-year basis for most of 2017.​ EBCI results 20180131nm.pdf




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