NEMA’s EBCI Weakens In July

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped to 33.3 in July, a decline of more than 4 points from a month ago.

The index has trailed the 50-point threshold — a level indicative of deteriorating industry conditions — in each month since November 2007. Over that period, index values have moved in a relatively tight range between the low 30s and high 40s, signaling an extended period of weak business conditions even as other measu

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