01.28.15 Best Quarter Since 2008: Lighting-Systems Index Chronicles Lighting’s Big Comeback, NLB Says

New data show that third-quarter 2014 lighting-equipment demand was the highest since the third quarter of 2008. “We’ve been waiting for this,” said National Lighting Bureau Executive Director John Bachner. “Anecdotal inputs suggested strongly that the comeback was more or less in full swing. Now, the latest intel from NEMA [National Electrical Manufacturers Association] shows that what we thought was happening – what so many hoped was happening—is occurring.”

NEMA provides its data via the NEMA Lighting-Systems Index (LSI), a seasonality- and inflation-adjusted composite measure of luminaires, ballasts, miniature lamps, large lamps, and emergency lighting shipped throughout the United States by NEMA’s lighting-equipment manufacturers. NEMA used 2002 data to create the LSI’s 100-point benchmark.

According to NEMA Director of Statistical Operations Stacey Harrison, third-quarter 2014 LSI performance outstripped second-quarter 2014 performance by 1.9%. It exceeded third-quarter 2013 performance by 4.1%. He noted that shipments of emergency lighting, fixtures, and miniature lamps improved during the quarter, while ballast and large-lamp shipments fell. “We’re confident the LSI will chronicle continued improvement in all categories in the fourth quarter of 2014 and the first quarter of 2015,” Bachner said.

Established in 1976, the National Lighting Bureau is an independent, IRS-recognized not-for-profit, educational foundation that has served as a trusted lighting-information source since 1976. The Bureau’s services are made possible by the generous funding of its sponsors; professional societies, trade associations, manufacturers, and agencies of the U.S. government, including, among others:

Obtain more information about the Bureau by visiting its website (www.nlb.org) or by contacting its staff at info@nlb.org or 301/587-9572.

A founding sponsor of the National Lighting Bureau, NEMA is the association of electrical-equipment and medical-imaging manufacturers, established in 1926 and headquartered in Rosslyn, Virginia. NEMA’s 400-plus member companies manufacture a diverse set of products, including – in addition to lighting systems – power-transmission and distribution equipment, factory-automation and control systems, and medical-diagnostic-imaging systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.

2017-02-10T01:01:20+00:00