NEMA: Electroindustry Business Conditions Index

The current conditions index’s 10-point slide from 70.6 in May to 60.5 this month brings it to the lowest level since November 2016. Nevertheless, because it remains above 50, the index value is still in the expansionary range. The share of those reporting better conditions dropped by 15 percentage points from May to June, but most of that sentiment shifted to “unchanged” as that component jumped 11 points from 47 percent last month to 58 percent in June. The proportion of panel members noting worse conditions edged up to 11 percent from 6 percent in May.”‹ 

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