EBCI Readings for North America Post Sharp Gains in April

May 13, 2009
The Electroindustry Business Confidence Index (EBCI) for current North American conditions, released by the National Electrical Manufacturing Association (NEMA), Rosslyn, Va., jumped 16 points in April to 42.

The Electroindustry Business Confidence Index (EBCI) for current North American conditions, released by the National Electrical Manufacturing Association (NEMA), Rosslyn, Va., jumped 16 points in April to 42. Though falling below the key 50-point mark indicative of improvement in industry conditions for a 17th straight month, the index reached its highest level in nearly a year and has rallied some 34 points over the last four months from December’s near all-time low.

The EBCI 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.

For the complete April 2009 report, visit the NEMA Web site.

Voice your opinion!

To join the conversation, and become an exclusive member of EC&M, create an account today!

Sponsored Recommendations

Electrical Conduit Comparison Chart

CHAMPION FIBERGLASS electrical conduit is a lightweight, durable option that provides lasting savings when compared to other materials. Compare electrical conduit types including...

Don't Let Burn-Through Threaten Another Data Center or Utility Project

Get the No Burn-Through Elbow eGuide to learn many reasons why Champion Fiberglass elbows will enhance your data center and utility projects today.

Considerations for Direct Burial Conduit

Installation type plays a key role in the type of conduit selected for electrical systems in industrial construction projects. Above ground, below ground, direct buried, encased...

How to Calculate Labor Costs

Most important to accurately estimating labor costs is knowing the approximate hours required for project completion. Learn how to calculate electrical labor cost.