NEMA’s EBCI Index Drops 13 Points in April But Remains in Growth Territory

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions retreated nearly 13 points in April to 59.1 points, following a sharp run-up earlier in the year to its highest levels since 2005. Despite this slide, NEMA says the index continues to point to an economic environment conducive to industry growth.

Index readings above 50 points indicate more panelists than not reported an improved business environment. The EBCI is a monthly survey of senior ex

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