NEMA index drops below 50 in August

NEMA’s Electroindustry Business Confidence Index for current North American conditions declined for the fourth month in a row in August

The future conditions index for North America posted its second straight monthly drop, and its fourth in the last five months, sliding to 17.3 from 23.2 in July.

For a complete summary of the August 2006 index, including charts and a list of participating companies, visit NEMA’s Website at www.nema.org .

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