Industry News
December 2020 NEMA Electroindustry Business Confidence Index
January 03, 2021
Coming in at 57.7, the current conditions component remained in expansionary territory for December. The decline from 78.1 points a month earlier was driven by a sharp increase in the share of respondents who noted unchanged conditions. Reports of worse conditions remained a relatively small fraction of all responses. Comments reflected a picture of continued, though marginal, improvement in the current environment faced by electrical manufacturers.
