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Electroindustry Business Conditions Index


The EBCI indexes are 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.

For more information, e-mail NEMA's Business Information Services.

*Please note that no EBCI reports were issued in July, August, and September 2013.

 

2014  |  2013  |  2012  |  2011

December 2012

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions extended its late-year rally in December, climbing for a fourth month in a row to 63.9. The index reached its highest mark since March, while more respondents than not reported an improved business environment for the second consecutive month. EBCI results 20130103nm.pdfEBCI results 20130103nm.pdf

November 2012

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions climbed nearly 13 points in October, its third straight monthly increase, to 58.3. The index reached its highest mark for since April, while more respondents than not reported an improved business environment for the first time since June. EBCI results 20121128nm.pdfEBCI results 20121128nm.pdf

October 2012

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions again moved upward, climbing to 45.5 in October from 42.1 in September and 35.7 in August. Its recent rebound has left the index just short of the 50 point breakeven level last surpassed in June. EBCI results 20121101nm.pdfEBCI results 20121101nm.pdf

September 2012

NEMA Electroindustry Business Confidence Index (EBCI) for current North American business conditions rose to 42.1 in September, up from 35.7 and 38.6, respectively, in August and July. Despite rising to a three month high, though, the index remained short of the 50 point level indicating an equal number of panelists see conditions improving as see them deteriorating. Indeed, nearly 11% of panelists reported a “better” business climate in September compared to the previous month, while just over 26% reported “worse” conditions than in August. A large majority of the panel–approximately 63%–reported that conditions had not changed from July to August.​ EBCI results 20120926nm.pdfEBCI results 20120926nm.pdf

August 2012

The latest Electroindustry Business Confidence Index (EBCI) results suggest the North American electroindustry remained in a “soft patch” in August. The EBCI for current North American conditions slipped to 35.7 from 38.6 in July, the second consecutive month it has fallen short of the 50 point level indicating an equal number of panelists see conditions improving as see them deteriorating. EBCI results 20120829nm.pdfEBCI results 20120829nm.pdf

July 2012

The same downdraft afflicting the broad economy appears to be spilling into the electrical manufacturing sector as the industry pulls back from its earlier rebound. NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions fell to 38.6 in July from 52.4 in June. The index has been sliding since reaching a recent year high of 72.5 in February, but July’s reading was the first below 50 – the level indicating an equal number of panelists see conditions improving as see them deteriorating – since August 2011. Slightly more than 18% of July survey panelists reported a "better" business climate in the latest month compared to 24% in June. Just over 41% reported "worse" conditions in July, compared to 21% in June. EBCI Report for July 2012.pdfEBCI Report for July 2012.pdf

June 2012

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped to 52.4 in June from 54.2 in May and has retreated more than 20 points since reaching a post-recession high in February. Despite its recent slide, the index continues to point to an economic environment conducive to industry growth, as it has for each of the last nine months. Full Report

May 2012

NEMAs Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped to 54.2 in May from 59.1 the previous month and has retreated by a cumulative 18.3 points since reaching a post-recession high in February. Despite its recent slide, the index continues to point to an economic environment conducive to industry growth, as it has for each of the last eight months. More than 29% of the survey panelists reported the business climate improved in May, a slight increase from Aprils 27% figure. However, the share of respondents claiming conditions worsened rose even more rising to nearly 21% in May from about 9% in April. Half the respondents an even 50% reported no change in business conditions from April to May, compared to nearly 64% the previous month. Full Report

April 2012

NEMAs Electroindustry Business Confidence Index (EBCI) for current North American conditions retreated nearly 13 points in April to 59.1, following a sharp run-up earlier in the year to its highest levels since 2005. Despite the slide seen in the latest month, the index continues to point to an economic environment conducive to industry growth. While the majority of survey panelists nearly 64% reported no change in business conditions from March to April, a sizable minority of over 27% said conditions improved. Only about 9% experienced deterioration in the business climate in April. In March, slightly more than half of the panel 52% reported conditions had improved relative to the previous month, 40% claimed they were unchanged, and 8% said they had worsened. Full Report

March 2012

Following a run-up of more than 20 points in January and February to its highest level in more than six years, NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions retreated slightly in March, slipping 0.5 points to 72. Index readings above 50 indicate more panelists than not reported an improved business environment. More than half – 52% – of survey panelists reported conditions were better in March compared to February, while only 8% reported conditions were worse. The balance of the panel – 40% – claimed conditions were unchanged. In February, 45% of survey panelists reported conditions improved while none reported they deteriorated. Full Report

February 2012

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions jumped sharply in February, rising more than 18 points to 72.5, its highest level in more than six years. Index readings above 50 indicate more panelists than not reported an improved business environment. Forty-five percent (45%) of survey panelists reported conditions were better in February compared to January, while no panelists reported conditions were worse. A slight majority – 55% – claimed conditions were unchanged. In January, 25% of survey panelists reported conditions improved against 17% reporting they deteriorated. Full Report

January 2012

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions edged higher in January, rising to 54.2 from December’s reading of 52. It was the fourth straight month in which the index exceeded the 50 point mark, above which more panelists than not report an improved business environment. One-quarter of survey panelists reported better conditions in January, up from 20% in December. By contrast, nearly 17% experienced deteriorating conditions in January, almost identical to December’s share. More than half the panelists – 58% – saw no change in conditions in January. Full Report