NLB: Lighting Systems Index 2Q15 Results “Moving in the Right Direction”

After conveying disappointing results for the first-quarter of 2015, when lighting-equipment demand was 3.6% below fourth-quarter 2014 demand, the latest NEMA Lighting-Systems Index (LSI) results show that a modest rebound occurred during 2015’s second-quarter: Demand was up 0.4% over first-quarter performance and 2.2% above second-quarter 2014 performance. “While quarter-over-quarter performance may not be something to ‘write home about,’” said National Lighting Bureau Executive Director John Bachner, “year-over-year results are definitely encouraging and quarter-over-quarter results show that lighting-equipment demand is moving in the right direction. We’re optimistic that the next report will show continued growth over the third quarter.”

The NEMA Lighting-Systems Index (LSI) is a seasonality- and inflation-adjusted composite measure of luminaires, ballasts, miniature lamps, large lamps, and emergency lighting shipped throughout the United States by the lighting-equipment manufacturers of the National Electrical Manufacturers Association (NEMA). NEMA used 2002 data to create the LSI’s 100-point benchmark.

According to Laurie M. Miller, NEMA’s director of statistical operations, the second-quarter demand increase was driven principally by shipments of emergency lighting and fixtures. Shipments of ballasts, large lamps, and miniature lamps declined. Bachner commented, “We need to bear in mind that the lighting market itself is changing, especially because of LED technology. LED lighting doesn’t use ballasts and, in many cases, it doesn’t use fixtures, in the sense that a lamp and fixture are integrated to comprise a single component.”

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
  Violumas is excited to announce the addition of UVA and UVB wavelengths to its VioBeam-1X1 series portfolio. Featuring 10° fused silica optics combined with a high-power UV LED, the product series now includes 405nm, 395nm, 385nm, 37... READ MORE
Samsung today announced a new edition of its large-format LED display, The Wall, marking a pivotal expansion to its Chip on Board (CoB) lineup. Like earlier models of The Wall, the MPF series optimizes viewing experiences across an array of en... READ MORE