NEMA’s EBCI Index Surges in February

Feb. 26, 2010
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions advanced sharply for a second straight month in February

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions advanced sharply for a second straight month in February, climbing to its highest level in nearly four years. The index rose 7.4 points to 64.6 in the latest month, which came on the heels of an increase of nearly nine points in January.

The EBCI index is derived from responses to a survey of senior executives of the National Electrical Manufacturers Association (NEMA), Rosslyn, Va. A value above 50 points indicates that more respondents reported that