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NEMA’s Industrial Control and Adjustable Speed Drive Index Reaches Record High Level


12/23/2013 12:00PMSign-up to receive press releases.

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.

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The National Electrical Manufacturers Association (NEMA) represents nearly 350 electrical, medical imaging, and radiation therapy 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 $117 billion per year.

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


 

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