EBCI Index Tumbles in January

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions fell sharply in January, its second decline in as many months.

The index dropped nearly 18 points to 30 points, its lowest level since December 2006. The decline is indicative of a marked weakening in business conditions facing electrical equipment manufacturers heading into 2008.

The EBCI is a monthly survey of electrical manufacturers published by the National Electrical Manufacture

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