Industry News

This month, the electroindustry business confidence index current conditions component, collected just after the presidential election, declined to 60.0 from the previous month’s 69.2. Seven percent of panel members reported that current conditions are “worse” compared to last month, while 67 percent reported conditions are “unchanged” and 27 percent reported current conditions are “better.” Panel member comments portrayed mixed sentiments with some seeing an increase in demand, while others noted softening demand. Comments about the recent election results were also mixed, ranging from relief to uncertainty about future policy effects.

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