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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 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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