NEMA’s Electroindustry Business Conditions Index (EBCI) for
current conditions in North America slipped below the 50-point level typically
associated with expansion in January for the first time since October 2012. The
index declined for the third straight month, falling to 40.6 from 52.8 in
December. In sharp contrast, confidence in future business conditions again
gained ground in January. The EBCI for North American conditions six months
hence rose to 90.6 from 83.3 in December, one of the highest readings in the
history of the survey.
Click here for the complete January 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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