The National Electrical Manufacturers Association’s Electroindustry Business Confidence Index for current North American conditions clawed slightly higher in September, rising to 37.5 points from 37 in August -the second small increase in as many months.
Still, the index -which has remained firmly within the low 30- to high 40-point range over most of the last year and a half -continued to lag the 50-point breakeven”mark, signaling a weakening business environment.
By contrast, the EBCI for future North American conditions tumbled, dropping 11.6 points to 29.2. The decline brought the future conditions index to its lowest level in two years.
The Electroindustry Business Confidence Index gauges the business confidence of the electroindustry in Asia, …
NEMA Electroindustry Business Index Up Slightly
The National Electrical Manufacturers Association’s Electroindustry Business Confidence Index for current North American conditions clawed slightly higher in September, rising to 37.5 points from 37 in August -the second small increase in as many months.
Still, the index -which has remained firmly within the low 30- to high 40-point range over most of the last year and a half -continued to lag the 50-point breakeven”mark, signaling a weakening business environment.
By contrast, the EBCI for future North American conditions tumbled, dropping 11.6 points to 29.2. The decline brought the future conditions index to its lowest level in two years.
The Electroindustry Business Confidence Index gauges the business confidence of the electroindustry in Asia, …
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