NEMA: Electro Industry October 2010 - 28

Economic Spotlight
ŰŰNorthŰAmericanŰEBCIŰBouncesŰBackŰinŰSeptemberŰFollowingŰAugust’sŰSlide
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions rebounded in September, rising 7.3 points from August to 52.6. A reading above 50 indicates more panelists than not reported improved conditions during the month. Twenty-five percent of panelists reported improved conditions in September, slightly higher than August’s figure of 24 percent. Only 18 percent, though, reported deteriorating conditions in the latest month, against 36 percent in August. The balance of respondents in both months reported conditions were unchanged. The survey’s measure of the intensity of change in current North American conditions suggests that conditions improved at a modest pace in September after stalling during the previous month. The average degree of change in business conditions cited in the survey climbed to +0.2 in September from 0.0 in August. Panelists are asked to report intensity of change on a scale ranging from –5 (deteriorated significantly) through 0 (unchanged) to +5 (improved significantly).
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Electroindustry Business Confidence Index: September 2010
100 90 80 70 60 50 Index 40 30 20 10 (>50 indicates conditions favorable to growth) 0 N o r t h A m e r ic a L a t in A m e r ic a E u ro pe A s ia /P a c if ic 6 6 .1 6 7 .5 6 4 .3 6 5 .8 5 7 .5 5 3 .6 5 4 .8 4 7 .4

C u r r e n t c o n d it io n s

F u t u r e c o n d it io n s

North American Current Conditions Magnitude: September 2010

The EBCI for future North American conditions climbed 12.1 points in September, reversing a string of three straight monthly declines. At 66.1, the index continues to indicate that more panelists than not expect further improvements in the business environment over the next six months. Thirty-nine percent of panelists expect to see conditions improve between September 2010 and March 2001, compared to seven percent anticipating a weakening. ei Tim Gill, Director of Economics | tim_gill@nema.org

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14 M e d ia n = 0 12 M e a n = 0 .2

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8

6 Number of Responses 4

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0 -5 -4 -3 -2 -1 0 1 2 3 4 5

C h a n g e in C o n d it io n s R a t in g

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NEMA electroindustry

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October 2010
NEMA: Electro Industry October 2010

Table of Contents for the Digital Edition of NEMA: Electro Industry October 2010
