NEMA Index Trends Downward
EBCI Falls to 54.8 After Ranging 57.5-58.3 Between January and March
ROSSLYN, Va. — The National Electrical Manufacturers Association’s (NEMA) Electroindustry Business Conditions Index (EBCI) for current conditions in North America declined in April after holding largely steady during the first quarter of 2015. The index fell to 54.8 after ranging 57.5-58.3 between January and March.
Meanwhile, the EBCI for future North American conditions declined for a second month in a row. The index retreated to 66.7 in April from 75 in March and 78.9 in February.
The EBCI is based on the results of a monthly survey of senior managers at NEMA member companies and are designed to provide a measure of changes in the business environment facing electrical equipment manufacturers. Visit www.nema.org for the complete April 2015 report.
Publication date: 6/1/2015