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 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.