NEMA's Electroindustry Business Confidence Index (EBCI) for current North American conditions dropped for a third straight month in December, sliding by almost 10 points from a month earlier. At 8 points, the index fell to its lowest level since October 2001. The index is a monthly survey of senior executives at electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va. Any reading under the 50-point break-even mark signals declining market
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