NEMA: Electrical Equipment Manufacturers, August outlook

Manufacturers of electrical equipment tell NEMA their outlook is less confident in August. Despite the decrease in confidence, more than half of panelists participating in the survey expect an improved business environment over the next six months, NEMA said.

09/03/2010


NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions fell nearly 18 points in August. The index has now fallen from 70.4 in June to 46 currently. The sub-50 point value, the second recorded since July 2009, indicates, across the electroindustry, more businesses than not saw conditions deteriorate during the month, according to NEMA.

The EBCI for future North American conditions posted its third consecutive decline, dropping slightly to 54 in August from 57.7 in July. The index had climbed as high as 77.1 in May, its top level in more than 5 years.

Despite the decrease, more panelists than not still expect an improved business environment over the next six months, NEMA said.

See the complete NEMA Electroindustry Business Confidence Indices report for August 2010: http://www.nema.org/econ/ebci/index.cfm

NEMA is the association of electrical and medical imaging equipment manufacturers.

Also read from Control Engineering:

Mechanical Engineering Career Assessment; and

Manufacturing: Get lean, flexible, and improve product flow.

- Edited by Mark T. Hoske, Control Engineering, www.controleng.com



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
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.
Learn how to create value with re-use; gain productivity with lean automation and connectivity, and optimize panel design and construction.
Go deep: Automation tackles offshore oil challenges; Ethernet advice; Wireless robotics; Product exclusives; Digital edition exclusives
Lost in the gray scale? How to get effective HMIs; Best practices: Integrate old and new wireless systems; Smart software, networks; Service provider certifications
Fixing PID: Part 2: Tweaking controller strategy; Machine safety networks; Salary survey and career advice; Smart I/O architecture; Product exclusives
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Look at the basics of industrial wireless technologies, wireless concepts, wireless standards, and wireless best practices with Daniel E. Capano of Diversified Technical Services Inc.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.

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

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.