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...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
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.
Sensor-to-cloud interoperability; PID and digital control efficiency; Alarm management system design; Automotive industry advances
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Engineering Leaders Under 40; System integration improving packaging operation; Process sensing; PID velocity; Cybersecurity and functional safety
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

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

SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance

(copy 5)

click me