April 2016-LEDinside

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2016-05-10

NEMA Current Business Condition Index Downshifts to Neutral in April

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.

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