The Electroindustry Business Confidence Index (EBCI) for current North American conditions fell 5.7 points in December to 48.2 points. The index failed to top the critical 50- point threshold for the first time since July, indicating modest deterioration in the business environment following a period of steady but slow growth over the last several months. The EBCI is a monthly survey of senior executives at electrical manufacturers published by the National Electrical Manufacturers
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