Electricalmarketing 342 20151204emebci595
Electricalmarketing 342 20151204emebci595
Electricalmarketing 342 20151204emebci595
Electricalmarketing 342 20151204emebci595
Electricalmarketing 342 20151204emebci595

NEMA EBCI Index Looks Solid in November

Dec. 7, 2015
NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America measured 58.3 in November as a larger share of panelists reported conditions improved (33%) than reported they deteriorated (17%).

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America measured 58.3 in November as a larger share of panelists reported conditions improved (33%) than reported they deteriorated (17%). Half of the panelists said the business environment was unchanged. The November EBCI reading was a substantial increase from the 44.7 recorded in October. In October, only 21% of panelists claimed business conditions improved, while 32% reported they worsened and 47% stated they were unchanged.

The EBCI Index is a monthly survey of senior executives at electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va. Any score over the 50-point level indicates a greater number of panelists see conditions improving than see them deteriorating.

In contrast, the EBCI for future North American conditions fell to 55.6 in November, down from 68.4 in October. A smaller share of panelists in November (33%) expects conditions to improve over the next six months than was the case in October (53%). A larger share in November (22%) expects future conditions will deteriorate than was the case in September (16%). The share expecting to see no change in business conditions rose to 44% in November from 32% in October.