NEMA EBCI Index for January shows mixed results
In January, NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America slipped below the 50-point level typically associated with expansion for the first time since October 2012. The index declined for the third straight month, falling to 40.6 from 52.8 in December. In sharp contrast, confidence in future business conditions again gained ground in January. The EBCI for North American conditions six months from now rose to 90.6 from 83.3 in December, one of the highest readings in the history of the survey.
The EBCI Index, is a monthly survey of senior executives at electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va.
About the Author
Doug Chandler, Senior Staff Writer
Executive Editor
Doug Chandler began writing about the electrical industry in 1992, and still finds there's never a shortage of stories to be told. So he spends his days finding them and telling them. Educationally, he's a Jayhawk with an English degree. Outside of work, he can often be found banging drums or harvesting tomatoes.