The Electroindustry Business Confidence Index (EBCI) for current North American conditions rebounded in October following five consecutive monthly declines. At 44 points, the index again fell short of the 50-point threshold indicative of expansion, but the latest results suggest the rate of deterioration in business conditions slowed appreciably during October relative to the prior month. The EBCI is a monthly survey of electrical manufacturers conducted by the National Electrical Manufacture
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