NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions declined for the fourth month in a row in August and, at 46.2, is now below the 50-point threshold indicating conditions favorable to growth. For the past 39 months, the EBCI index had topped the 50 point mark. The EBCI is a monthly survey of electrical manufacturers conducted by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va.
At the same time, the EBCI Future Condition
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