Electrical Marketing's Top 5 Leading Economic Indicators

摘要

To help readers get an early glimpse of any rays of sunshine, EM's editors will be running a monthly summary of the following five indicators of economic activity in the electrical industry.rnEBCI jumps 15.6 points in March. The Electroindustry Business Confidence Index (EBCI) for future North American conditions posted a sizable gain in March, jumping 15.6 points from February to 52 points. That performance marked the index's first foray above the 50-point growth threshold since August 2007. The EBCI is a monthly survey of electrical manu-facturers published by,the National Electrical Manufacturers Association (NEMA), Rosslyn, Va.rnPurchasing Managers Index (PMI) up 0.2 points in February. While purchasing managers surveyed by the Institute for Supply Management, Tempe Ariz., were generally pessimistic about chances for recovery in 2009, the February PMI crept up a fraction of a percent in February to 35.8 points, still well below the growth threshold. A reading above 50 percent indicates the manufacturing economy is generally expanding.