2016-07-05
June marks the third consecutive month in which NEMA’s Electroindustry Business Conditions Index (EBCI) improved. The current conditions index increased from May’s reading of 53.3 to reach 59.4 in June. More respondents saw change in business conditions, for better or worse, than did so in May. Thirty-eight percent of respondents reported better conditions in June, up from only 20% of those responding in May while 19% indicated worse conditions, up from 13% in the previous month. Forty-four percent noted that conditions were unchanged this month, down considerably from the 67% reporting unchanged conditions in May.
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