Demand for industrial controls increased during the third quarter of 2013, with NEMA’s Primary Industrial Controls Index rising 2.6 percent versus the previous quarter. Year-over-year growth was a stronger 4.5 percent.
A broader measure of industrial controls demand, the Primary Industrial Controls and Adjustable Speed Drives Index, advanced for the fourth consecutive quarter reaching a record high in the series, registering a 4.7 percent increase compared to Q2. Shipments increased by 7.7 percent compared to the same period last year.
The National Electrical Manufacturers Association (NEMA) represents 350 electrical and medical imaging manufacturers at the forefront of electrical safety, reliability, resilience, efficiency, and energy security. Our combined industries account for more than 400,000 American jobs and more than 7,000 facilities across the United States. Domestic production exceeds $114 billion per year and exports top $50 billion.