Rosslyn, VA, November 28, 2007 — NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions rebounded sharply in November, rising by more than 15 points from a month earlier. At 52.2, the index signaled the first month-to-month improvement in business conditions since April. By contrast, the future conditions index for North America lost ground on the month, slipping to 40 from 42.6 a month ago. The future reading has registered below 50 for three consecutive months.
Click here for the complete November 2007 report.
The Electroindustry Business Confidence Index 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% of the electroindustry.