NEMA’s 6-Month-Ahead Projection: Things Haven’t Been So Good Since 2002

From NEMA – the monthly release (this one from 4/30) of its EBCI data (bolding by EleBlog) –

NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America jumped to 66.7 in April, up from readings of 52.6 in March and 50 in February, the value typically associated with a stable business environment.

The EBCI for future North American conditions continued to signal widespread optimism.

Indeed, the index for conditions six months hence improved to 92.9 from 86.8 in March, reaching a peak not recorded since 2002.

Source: http://electricalcontractor.com/?p=13877

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