NEMA’s EBCI shows growth, declines again

By Plant Engineering Staff January 31, 2006

NEMA’s Electroindustry Business Confidence Index for current North American conditions continued to signal electroindustry expansion in January. At 55.2 points, the index topped the 50-point threshold — indicating a business environment favoring industry growth — for the 33rd month in a row. At the same time, the index has declined in each of the last four months, suggesting that conditions have moderated since reaching a near-term peak in late summer. The January EBCI for future North American conditions climbed slightly to 56.9 points, up from 56.3 a month ago.

The Electroindustry Business Confidence Indexes gauge the business confidence of the electroindustry in Asia, Europe, North America and Latin America, and are based on the results of a monthly survey of senior managers at NEMA member companies. Those companies represent more than 80% of the electroindustry.

For a complete summary of the January 2006 index, including charts and a list of participating companies, visit https://www.nema.org/econ/ebci/upload/01_2006_EBCI.pdf .