North American Business Indexes Remain in the Red in June
June 25, 2008
June 25, 2008
ROSSLYN, Va., June 25 -- The National Electrical Manufacturers Association issued the following news release:
NEMA's Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped to 37.5 in June, a decline of 10.5 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 . . .
NEMA's Electroindustry Business Confidence Index (EBCI) for current North American conditions slipped to 37.5 in June, a decline of 10.5 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 . . .