NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America rebounded in February, rising to the 50 point mark typically associated with a stable business environment. The gain came on the heels of a sharp drop in the wintery month of January. Confidence in future business conditions strengthened in February for the fifth consecutive month. The EBCI for North American conditions six months hence rose to 91.2 from 90.6 in January, again one of the highest readings in the history of the survey.
for the complete February 2014 report.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Its 400-plus member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceeds $100 billion annually.
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