NEMA's Electroindustry Business Conditions Index (EBCI) continued its recent volatile behavior, dropping to a neutral 50 points in April after surging to 64.7 in March from 44.4 in February. Nineteen percent of panelists reported conditions improved in April, down from 41% in March. Another 19% reported the business environment worsened in April, up from 12% in March. The vast majority, though, claimed conditions were unchanged in April, up from the 47% who held this view a month ago.

NEMA's Electroindustry Business Conditions Index (EBCI) for current conditions in North America fell to 41.2 in December as a larger share of panelists reported conditions deteriorated than reported they improved. The December reading represented a substantial decline from November's reading of 58.3. Meanwhile, the EBCI for future North American conditions slipped to 52.9 in December from 55.6 in November.