November electroindustry conditions improve for 4th consecutive month, less job loss

NEMA's Electroindustry Business Confidence Index (EBCI) for current North American conditions rallied in November, climbing 2.1 points to 54, the fourth month of growth. See more economic information from the White House, MAPI, and links to prior reports from Control Engineering.


Fewer jobs lost
"Payroll employment declined 11,000 in November. This is a dramatic improvement from the decline of 597,000 in November 2008 and 741,000 in January 2009. It is by far the closest we have been to stable employment since the recession began almost two years ago," according to Christina Romer, chair of the White House Council of Economic Advisers, in a Dec. 4 blog posting at on the White House site at

As of today, manufacturing doesn't appear on the White House web site list of 23 key issues (though energy & environment and technology are on th e list). Science is included under an additional issues category. Manufacturers were mentioned in the Opening Session of the Jobs and Economic Growth Forum, Dec. 3 at


The Electroindustry Business Confidence Index (EBCI) for current North American conditions rallied in November, climbing 2.1 points to 54, according to the NEMA, the association of electrical and medical imaging equipment manufacturers, on Nov. 28. See separate economic information from the White House, MAPI, and links to prior reports from Control Engineering .
The NEMA index topped the 50-point threshold indicative of improvingconditions for a fourth straight month. By contrast, the EBCI forfuture North American conditions slipped in November for the secondmonth in a row, declining 3.5 points to 58, but continuing to signal anexpected improvement in the business environment over the next sixmonths. The NEMA Electroindustry Business Confidence Index gauges the business confidence of the electroindustry in Asia, Europe, North America, and Latin America, and is based on the results of a monthly survey of senior managers at NEMA member companies. Those companies represent more than 80 percent of the electroindustry, the organization says.
MAPI predicts 2.4% U.S. growth for 2010

In a separate report, The ManufacturersAlliance/MAPI Quarterly Economic Forecast released Nov. 18 predictsthat inflation-adjusted gross domestic product (GDP) will decline 2.5percent in 2009, before rebounding to 2.4 percent growth in 2010, andby 3.5 percent in 2011.

The GDP forecast for all three years in thecurrent MAPI report is marginally better than was previously projectedin August 2009. By supplying major assumptions for the economy andrunning simulations through the IHS Global Insight Macroeconomic Model,the alliance generates macroeconomic and industry forecasts.

Also read from Control Engineering :

- Economy not impacting North American business' carbon commitments ; and

- Manufacturing remains the core of U.S. economic success .

- Edited by Mark T. Hoske, editor in chief, Control Engineering

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.
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
Mobile HMI; PID tuning tips; Mechatronics; Intelligent project management; Cybersecurity in Russia; Engineering education; Road to IANA
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
click me