NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions rose for a second straight month in March. Still, at 47.9, the index again lagged the 50-point threshold indicative of industry expansion. Indeed, March was the fourth consecutive month in which the index failed to top 50 points.
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Electrical Manufacturer Confidence Index Up
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions rose for a second straight month in March. Still, at 47.9, the index again lagged the 50-point threshold indicative of industry expansion. Indeed, March was the fourth consecutive month in which the index failed to top 50 points.
For more information, click here. …
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