NEMA’s Primary Industrial Controls Index decreased 1.3 percent on a quarterly basis during 2014Q4. However, year-over-year growth showed an improvement of 2.4 percent. NEMA’s Primary Industrial Controls and Adjustable Speed Drives Index, a broader measure of industrial controls demand, posted a decline of 1.2 percent during the quarter. Meanwhile, the index gained 4.8 percent compared to the same period last year. The index closed calendar year 2013 3.5 percent higher than 2012.
The National Electrical Manufacturers Association (NEMA) represents 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 $114 billion per year and exports top $50 billion.