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NEMA's North American EBCI Index Finds Electrical Execs Still in Growth Mode
Senior executives at NEMA member companies reported mixed business conditions facing their firms in March. The Electroindustry Business Confidence Index (EBCI) for current North American conditions published monthly by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va., measured 60.9 points, a decline of 8.7 points from February.
However the EBCI Index for current North American conditions stood solidly on positive ground, as any reading above 50 indicates more panelists reported better conditions compared to the previous month than reported worse conditions. The decline may be due in part to concerns over disruptions emanating from events in Japan and the Middle East. Nearly 44 percent of survey panelists reported improved conditions in March, down slightly from 48 percent in February, while just under 22 percent reported conditions deteriorated.
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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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