Electroindustry Business Conditions Index (EBCI)
The EBCI indices 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.
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sharp falloff in the share of respondents reporting “worse” conditions helped
propel the current conditions component to 62.5 points in January, up from the
previous month’s 56.3. Having expanded for four consecutive months, the current
conditions reading stands at its highest point since February 2023. Although the
quantitative score was firmly in expansionary territory, and accelerating,
panel member comments were lukewarm, largely reflecting stability rather than
strong growth. Alluding to the mixed, but generally improving business
environment, one respondent noted that, “the residential market is the only
concern at this point…” EBCI results 202401nm