Industry News
October 2024 NEMA Electroindustry Business Confidence Index
November 11, 2024
This month, the electroindustry business confidence index current conditions component held steady at 69.2, reflecting continued improvement among industry stakeholders from a low of 46.7 points earlier this year. Thirty-eight percent of panel members reported that current conditions are “better,” while none indicated a decline, and 62 percent deemed the situation as “unchanged.” Panel member comments this month portray mixed sentiments, with some seeing stable orders while others report sluggish conditions and supply chain issues.