For three months, electroindustry confidence indexes have shifted in tandem, the National Electrical Manufacturers Association (NEMA) reported, with its recent survey results suggesting that overall, stakeholders anticipate improvement over the next six months.
Specific figures indicated a slight downtick in optimism levels from one month prior, with 53 percent of respondents registering an expectation of improved industry conditions in the next half year, compared to the 65 percent of those polled claiming that status last month, according to a press release.
The percentage of those who expect worse conditions diminished more significantly, from 18 percent to 12 percent over a 30-day period. Finally, the number of individuals who anticipated no change whatsoever nearly doubled from 18 percent in April to 35 percent in May.
The comments “were largely positive, with a dash of uncertainty about specific end-use sectors including the industrial and utility markets," the release stated.
Those requested to complete NEMA’s survey were also asked to report “intensity of change” on a numeric scale from -5 for substantial perceived deterioration to +5 for significant improvement, with zero representing no change. That figure registered the slightest change, shifting from +0.8 in April to +0.7 in May.
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