ROSSLYN, Va. — The National Electrical Manufacturers Association (NEMA) released its September Electroindustry Business Confidence Index (EBCI) today. For a second consecutive month, the index reflected an improvement in the current conditions measures with an overall increase of three points, from 65.6 to 68.8.
The future conditions index increased from 62.5 to 75 with a few survey participants expecting an increase in new purchases related to reconstruction in areas damaged by recent storms.
The EBCI indexes are based on the results of a monthly survey of senior managers at NEMA Member companies. They are designed to evaluate the business environment of the electroindustry in the United States and Canada.
To view past confidence indexes, click here. September's EBCI report can be found here.
The National Electrical Manufacturers Association (NEMA) represents nearly 350 electrical equipment and medical imaging manufacturers at the forefront of electrical safety, reliability, and resilience, as well as efficiency and energy security. Our combined industries account for 360,000 American jobs in more than 7,000 facilities covering every state. Our industry produces $106 billion shipments of electrical equipment and medical imaging technologies per year with $36 billion exports.