Industry News
November 2019 NEMA Electroindustry Business Confidence Index
December 02, 2019
After two months of straddling the line between signaling growth or slowdown, the EBCI current conditions component moved firmly into growth territory with a nearly 9 point increase from last month’s score to 58.8. Although the share of “better” responses increased, the preponderance of panelists noted unchanged conditions, and that mix is reflected well in the comments. The tenor of those remarks was largely unenthusiastic but somewhat positive-leaning and may be best summarized by one respondent’s note that conditions are “steady but at a strong level.”
