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NEMA releases results of EBCS.
Press Release Summary:
Jul 13, 2007 - According to results of Electroindustry Business Confidence Survey of senior executives, current business conditions in North America are improved compared to last month. Having improved from 38.6 to 50.0 in June, index indicates that conditions are favorable for growth. EBCI future conditions index for North America remained at or above 50 for 5th consecutive month with June's score of 60.4.
Original Press Release
Current Conditions EBCI Rebounds in June, Six-Month Ahead Outlook Continues to Expand
Press release date: Jun 27, 2007
The Electroindustry Business Confidence Index, www.nema.org/econ/ebci/index.cfm, gauges the business confidence of the electroindustry in Asia, Europe, North America, and Latin America, and is based on the results of a monthly survey of senior managers at NEMA member companies. Those companies represent more than 80 percent of the electroindustry.
NEMA is the trade association of choice for the electrical manufacturing industry. 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, medical imaging, industrial, commercial, institutional, and residential applications. Domestic production of electrical products sold worldwide exceeds $120 billion. In addition to its headquarters in Rosslyn, Virginia, NEMA also has offices in Beijing, Sao Paulo, and Mexico City.
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