NEMA’s EBCI Index Bounces Back into Expansion Territory in October

NEMA’s EBCI Index Bounces Back into Expansion Territory in October

With respondents no longer expressing concern over monetary policy uncertainty and noting that the conclusion of the 2016 election season was near, NEMA’s Electroindustry Business Confidence Index (EBCI) returned to expansionary territory with a score of 55.6 points. The vast majority of respondents, 78%, reported conditions unchanged in October, compared to 47% last month. Only 6% faced worse conditions this month versus 29% in September. The share of respondents seeing better conditio

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