Industry News
January 2025 NEMA Electroindustry Business Confidence Index
February 13, 2025
After declining to 50 in December, the electroindustry business confidence index current conditions component rebounded to 68.8 in January. Overall, panel members shared a positive outlook, with 44 percent reporting that current conditions were “better” compared to last month, 50 percent indicating “unchanged” conditions, and 6 percent noting that current conditions were “worse.” Panelists' comments were generally positive with many citing strong orders, but with caution due to market uncertainty about the new administration’s economic and tariff policies.
