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.
Electrical Manufacturers Association (NEMA) represents nearly 350 electrical
equipment and medical imaging manufacturers that make safe, reliable, and efficient products
and systems. 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.