NEMA's Electroindustry Business Conditions Index (EBCI) for current conditions in North America declined for a third straight month in June. The index fell to 47.2 from 50 a month ago and from 54.8 in April as a higher proportion of panelists reported business conditions deteriorated in June than reported they improved. In contrast, the EBCI for future North American conditions posted a modest advance on the heels of three consecutive monthly declines, rising to 52.8 in June from 52.2 in May. Thirty-nine percent of June's panelists expect the business environment to improve over the next six months, while 33% expect it to decline.

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The National Electrical Manufacturers Association (NEMA) represents nearly 400 electrical, medical imaging, and radiation therapy manufacturers. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the U.S. Domestic production exceeds $117 billion per year. Our industry is at the forefront on electrical safety, reliability, resilience, efficiency, and energy security.