NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions dropped for a second straight month in November, slipping 2.1 points to 17.9 points. The index is a monthly survey of senior executives at electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va. Any reading under the 50-point break-even mark signals declining market conditions.
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