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NEMA's EBCI for Current North American Conditions Enjoys Big Gain in December
The Electroindustry Business Confidence Index (EBCI) for current North American business conditions climbed for a second consecutive month in December, rising 5.5 points to 68 points, its highest level since June. December's increase followed a 14.5-point gain a month earlier. Published monthly by the National Electrical Manufacturers Association, Rosslyn, Va., the EBCI is a monthly survey of senior executives at electrical manufacturers.
As a reading above 50 in the EBCI indicates more panelists than not reporting better conditions, these results show widespread improvement in the business environment across the electrical market in the final months of 2010. Forty percent of panelists reported improved conditions in December, similar to November's figure of 38 percent. By contrast, only four percent reported deteriorating conditions in the latest month, against 12.5 percent in November. A majority of panelists in December reported conditions were unchanged.
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Electrical Marketing's LiveWire brings you breaking news, on-the-fly analysis and running commentary about the electrical products marketing channel from the editors of Electrical Marketing.
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Atlanta; American Wind Energy
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NAED Congressional Fly-In
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