Following a surge into growth territory in November, NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped from 52.2 points to 47.8 points in December. This suggests a modest reversal in business conditions from November, when the EBCI, a monthly survey of electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va., had signaled the first month-to-month improvement since April.
The EBCI in
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