North American EBCI indicates continued improvement in April.

Press Release Summary:



NEMA's April 2013 Electroindustry Business Confidence Index (EBCI) for current North American business conditions indicates continuing improvement in business environment, rising to 66.7 from 65.9 in March. Confidence in future business conditions, however, declined in April but remains firmly in positive territory. Also, EBCI for North American conditions 6 months hence dropped to 80.6 from 90.9 in March.



Original Press Release:



North American EBCIs Point to Continued Improvement in Business Conditions in April



ROSSLYN, Va.—NEMA’s April Electroindustry Business Confidence Index (EBCI) for current North American business conditions indicated continued improvement in the business environment, as the index edged up to 66.7 from the 65.9 recorded in March.  By contrast, confidence in future business conditions declined in April but remains firmly in positive territory. The EBCI for North American conditions six months hence retreated by just over 10 points in April to 80.6 from 90.9 in March.



NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Arlington, Virginia. Its 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. Worldwide annual sales of NEMA-scope products exceed $120 billion.



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