NEMA's North American EBCIs remain at high levels in April.
Press Release Summary:
According to NEMA's business confidence survey, economic environment facing electrical equipment manufacturers continued to show strong improvement in April. While the Electroindustry Business Confidence Index for current North American conditions was unchanged in April at 71.7, it matched its highest monthly level since May 2004. EBCI for future North American conditions advanced 2.2 points to 73.9 in April, reflecting widespread sentiment that improvement will persist through summer.
Original Press Release:
NEMA's North American EBCIs Remain at High Levels in April
ROSSLYN, Va., -The economic environment facing electrical equipment manufacturers continued to show strong improvement in April, according to respondents to NEMA's latest business confidence survey. While the Electroindustry Business Confidence Index (EBCI) for current North American conditions was unchanged in April at 71.7, it matched its highest monthly level since May 2004. Readings above 50 are typically associated with an improvement in conditions, and vice-versa. Moreover, the EBCI for future North American conditions, which advanced 2.2 points to 73.9 in April, reflects widespread sentiment that the improvement seen over the last several months will persist through the summer.
NEMA is the association of electrical and medical imaging equipment manufacturers. Founded in 1926 and headquartered near Washington, D.C., its approximately 450 member companies manufacture products used in the generation, transmission and distribution, control, and end use of electricity. These products are used in utility, industrial, commercial, institutional, and residential applications. The association's Medical Imaging & Technology Alliance (MITA) Division represents manufacturers of cutting-edge medical diagnostic imaging equipment including MRI, CT, x-ray, and ultrasound products. Worldwide sales of NEMA-scope products exceed $120 billion. In addition to its headquarters in Rosslyn, Virginia, NEMA also has offices in Beijing and Mexico City.
NEMA. Setting Standards for Excellence
Visit our website at www.nema.org
