Construction + Economy

Current North American Business Conditions Index Rebounds in August, While Future Conditions Index Retreats

Craig DiLouie September 28, 2011

NEMA’s Electroindustry Business Confidence Index for current North American conditions gained ground in August, but remained below levels suggestive of industry-wide expansion for a third straight month. The index climbed to 41.4, up 9.4 points from its July reading.

The survey’s measure of the degree of change in current North American conditions was in negative territory for the second month in a row, but also improved relative to July. August’s EBCI for future North American conditions slipped from a month earlier but continued to point toward better conditions over the next six months, dropping to 55.2 from 64 in July.

ebci | LightNOW

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