NEMA’s EBCI Index for May Stands Firmly in Growth Territory

NEMA’s Current and Future EBCI Indexes moved in lockstep for the third consecutive month, each pulling back nominally from 73.5 points last month to 70.6 points in May. At this level the indexes remain well into expansionary range, even as the current conditions responses suggest a movement toward a sense of status quo with the six-percentage point decline in those registering better conditions — from 53% in April to 47% now — taken up entirely by the six point increase, to 47%, in thos

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