NEMA’s electroindustry May 2010 - 26

Economic Spotlight
› North American EBCIs
Remain at High Levels
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. Eleven of the 23 panelists responding to the April survey, or 47.8 percent, reported business conditions had improved relative to March, while only one panelist reported they deteriorated. The average intensity of change in business conditions reported in the survey strengthened in April, rising to +0.7 from the +0.5 recorded in both February and March. Intensity of change is reported on a scale ranging from –5 (deteriorated significantly) through 0 (unchanged) to +5 (improved significantly). 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. Only one survey panelist expects conditions to deteriorate over the next six months, against 12 expecting them to improve. ei Tim Gill, Director of Economics | tim_gill@nema.org

› Available from NEMA/BIS—Electroindustry Economic Outlook
Based on popular demand for up-todate data and forward-looking analysis of the electroindustry and the economic fundamentals that drive it, NEMA/BIS offers a subscription-based, regularly updated compendium of the information that industry professionals and executives most often request. The Electroindustry Economic Outlook is the preferred source for timely, comprehensive coverage of the economic trends and events shaping the U.S. electroindustry. •	 Extensive	Coverage •	 Frequently	Updated •	 Affordably	Priced To find out how NEMA/BIS’ Electroindustry Economic Outlook can help your business, contact Tim Gill at 703-841-3298, or tim_gill@nema.org ei

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NEMA’s electroindustry May 2010

Table of Contents for the Digital Edition of NEMA’s electroindustry May 2010

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