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Confidence in current business conditions affecting the electrical industry eroded some in August, with concerns about the cost of oil, steel and other commodities causing electrical manufacturers uneasiness, according to a monthly survey of National Electrical Manufacturers Association (NEMA) members.
According to the August 2004 Electroindustry Business Confidence Index (EBCI), published by NEMA, Rosslyn, Va., some respondents reported strong current conditions affecting their segment of the electrical industry. But many others took a more...