NEMA’s EBCI shows growth, declines again
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 http://www.nema.org/econ/ebci/upload/01_2006_EBCI.pdf .