Future business conditions index for North America rallies in December

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions dropped for the third straight month in December, while EBCI for future North American conditions showed a substantial gain of more than 16 points, raising the index to a six-month high. Congressional Budget Office talked about manufacturing jobs at the end of December.


Rosslyn, VA – NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions dropped for the third straight month in December, down almost 10 points from the previous month. The index dropped to its lowest level (8 points) since October 2001; even so, EBCI for future NorthAmerican conditions has moved in a positive direction over the last two months, NEMA says. December showed a substantial gain of more than 16 points, raising the index to a six-month high of 36 points, up from 19.6 points for November and 17.5 points for October.
The Electroindustry Business Confidence Index gauges business confidence of the electroindustry in Asia, Europe, North America, and Latin America, based on results from a monthly survey of senior managers at NEMA member companies, which represent more than 80% of the electroindustry. The complete NEMA EBCI December 2008 report is available on the NEMA Website (PDF).

Future looks brighter: NEMA’s Electroindustry Business Confidence Index survey


(compared to prior month)

months from now

North America



Latin America









In other news, one of a series of summaries from the Congressional Budget Office, Factors Underlying the Decline in Manufacturing Employment Since 2000, dated December 23, 2008 , reports: “By the end of 2007, with the slowing of economic growth, employment in the [manufacturing] sector had edged down… by half a million jobs. And, as of November 2008, employment in manufacturing had fallen yet again, by slightly more than 600,000 jobs. A significant number of additional losses is likely given the current weakness in the economy.”
Also see the

Pillar to Post blog: Is nothing growing in manufacturing?

Control Engineering News Desk
Register here and scroll down to select your choice of eNewsletters free.

No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Additive manufacturing benefits; HMI and sensor tips; System integrator advice; Innovations from the industry
Robotic safety, collaboration, standards; DCS migration tips; IT/OT convergence; 2017 Control Engineering Salary and Career Survey
Integrated mobility; Artificial intelligence; Predictive motion control; Sensors and control system inputs; Asset Management; Cybersecurity
Featured articles highlight technologies that enable the Industrial Internet of Things, IIoT-related products and strategies to get data more easily to the user.
This article collection contains several articles on how automation and controls are helping human-machine interface (HMI) hardware and software advance.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Mobility as the means to offshore innovation; Preventing another Deepwater Horizon; ROVs as subsea robots; SCADA and the radio spectrum
Future of oil and gas projects; Reservoir models; The importance of SCADA to oil and gas
Automation Engineer; Wood Group
System Integrator; Cross Integrated Systems Group
Jose S. Vasquez, Jr.
Fire & Life Safety Engineer; Technip USA Inc.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me