NEMA’s Motors Shipments Index decreased by 1.7 percent on a quarter to quarter basis during 2013Q4. Year-over-year performance showed a similar trend, decreasing by 1.6 percent. Inflation adjusted shipments of fractional horsepower motors declined by 6.5 percent, while integral HP motors registered a gain of 1.4 percent compared to the same period last year. On an annual basis, calendar year 2013 showed a decline of 0.6 percent compared to 2012.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Its 400-plus member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceeds $100 billion annually.
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