2016-03-31

NEMA Business Conditions Indexes Spikes up Sharply in March

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America surged in March, climbing to 64.7 from 44.4 the previous month as more panelists reported conditions improved than eroded. Compared to February, a larger share of the survey panel reported that business conditions improved (41% in March compared to 22% in February) and a smaller share reported that they deteriorated (12% in March compared to 33% in February). Forty-seven percent claimed conditions were unchanged in March, similar to the share holding this view a month ago.
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