NEMA’s EBCI Index for Current Business Conditions Slides in January But Still Strong

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The Electroindustry Business Confidence Index (EBCI) for current North American business conditions continued to point to a broadly improving business environment in January. The EBCI, a survey of senior executives of the National Electrical Manufacturers Association (NEMA), Rosslyn, Va., measured 63.6 points, down 4.4 points from December’s 68 points, but near the high end of the range of readings recorded since the beginning of the third quarter of 2010. A reading above 50 indicates more panelists reported conditions improved compared to the previous month than reported they worsened.

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