August 09 ElectroIndustry - 24

Economic Spotlight › Little Movement in North American EBCI Indexes in July NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions edged ever so slightly upward in July, rising 0.3 points to 41.7. This followed a retreat in June, which saw the index slip 6.6 points from May’s post-financial crisis high of 47.9. While the index has snapped back smartly from a cyclical low of 8 in December 2008, it continues to indicate a modest degree of deterioration in the environment facing the electroindustry. Moreover, the average intensity of decline in current North American conditions was unchanged from a month ago in July at -0.3 (on a scale ranging from –5 [deteriorated significantly] through 0 [unchanged] to +5 [improved significantly]), also consistent with persistent erosion in business conditions. Meanwhile, the North American future conditions EBCI took a small slip in July, dipping 1.5 points to 66.7. Nonetheless, the index managed to top the 50 point threshold suggestive of industry growth for a fift h month in a row, indicating that a healthy proportion of industry executives expect at least some degree of improvement in the business situation within the next six months from its current depressed level. ei Tim Gill | tim_gill@nema.org › Now Available from NEMA/BIS—Electroindustry Economic Outlook Based on popular demand for up-to-date data and forward-looking analysis of the electroindustry and the economic fundamentals that drive it, NEMA/BIS offers a subscription-based, regularly updated compendium of the information that industry professionals and executives most often request. The Electroindustry Economic Outlook is the preferred source for timely, comprehensive coverage of the economic trends and events shaping the U.S. electroindustry. • Extensive Coverage • Frequently Updated • Affordably Priced To find out how NEMA/BIS’ Electroindustry Economic Outlook can help your business, contact Tim Gill (703-841-3298 or tim_gill@nema.org). ei 24 NEMA electroindustry • August 09
August 09 ElectroIndustry

Table of Contents for the Digital Edition of August 09 ElectroIndustry
