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Motors Shipments Retreat Slightly in Second Quarter of 2013


10/2/2013 9:00AMSign-up to receive press releases.

NEMA’s Motors Shipments Index decreased by 7.2 percent on a quarter to quarter basis during the second quarter of 2013. Still, the index is up 6.8 percent higher on a year-over-year basis and registered the second highest reading in the history of the series. Fractional HP motors continue to be the driving segment of growth in the index. Inflation adjusted shipments of fractional horsepower motors showed a gain of 13.0 percent, while integral HP motors dipped 1.9 percent compared to the same period last year.

 


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The National Electrical Manufacturers Association (NEMA) represents nearly 350 electrical equipment and medical imaging manufacturers at the forefront of electrical safety, reliability, and resilience, as well as efficiency and energy security. Our combined industries account for 360,000 American jobs in more than 7,000 facilities covering every state. Our industry produces $106 billion shipments of electrical equipment and medical imaging technologies per year with $36 billion exports.

Press contact:
Tracy Cullen
703-841-3282
press@nema.org

 

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