NEMA’s Electroindustry Business Confidence Index (EBCI) lost ground in October, dropping by nearly 11 points to 37 points from 47.9 points a month ago. October was the fourth consecutive month, and the fifth in the last six months, in which the index has failed to reach 50 points. A reading of 50 points or less indicates a softening economy.
The EBCI for North American current economic conditions is a monthly survey of senior executives in the National Electrical Manufacturers Associa
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