NEMA's EBCI Plummets In October

NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions tumbled in October, dropping 17.5 points to 20, its lowest level since November 2001. October’s decline represented a breakout to the downside from the low 30- to high 40-point range seen over most of the last year-and-a-half and signaled further weakening in the business environment facing electrical equipment manufacturers.

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