NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America jumped to 66.7 in April, up from readings of 52.6 in March and 50 in February, the value typically associated with a stable business environment. The EBCI for future North American conditions continued to signal widespread optimism. Indeed, the index for conditions six months hence improved to 92.9 from 86.8 in March, reaching a peak not recorded since 2002.
for the complete April 2014 report.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Nearly 400 members strong, its companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.
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