NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American conditions rebounded in August, inching upward to 37 points from 33.3 points in July. Any reading below 50 points indicates poor economic conditions. The index, which is a monthly survey of senior executives at electrical manufacturers published by the National Electrical Manufacturers Association (NEMA), Rosslyn, Va., had declined in each of the two previous months.
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