NEMA releases April Electroindustry Business Confidence Index

Study says industry confidence still robust

Rosslyn, Va.-based National Electrical Manufacturers Association's (NEMA) Electroindustry Business Confidence Index (EBCI) for current North American business conditions measured in the high 60s for the third straight month in April, indicating that industry sentiment has remained at a robust level for much of the first third of the year. With April's reading of 66.7 points, the monthly index has now topped the 50-point threshold without exception for three full years, a prolonged period of favorable conditions.

For a complete summary of the April 2006 index, including charts and a list of participating companies, visit NEMA’s Web site.