NEMA’s Electroindustry Business Conditions Index (EBCI) for current conditions in North America rebounded in February, rising to the 50 point mark typically associated with a stable business environment. The gain came on the heels of a sharp drop in the wintery month of January.
Confidence in future business conditions strengthened in February for the fifth consecutive month. The EBCI for North American conditions six months hence rose to 91.2 from 90.6 in January, again one of the highest readings in the history of the survey.
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