Electronic Consumers Confidence is Increasing!

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The Electroindustry Business Confidence Index (EBCI) for current North American conditions for electronics and electricity companies jumped 16 points in April to 42.

Though falling below the key 50-point mark indicative of improvement in industry conditions for a 17th straight month, the National Electrical Manufacturers Association (NEMA) index reached its highest level in nearly a year, and has rallied some 34 points over the last four months from December’s seven-year low of 8.

The future EBCI for North America painted an even brighter picture, pointing for a second month in a row to a possible improvement in the level of the business conditions six months ahead. The index climbed from 52 in March to 60 in April, its highest level since July 2007.

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