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.
National Electrical Manufacturers Association (NEMA) represents nearly
400 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 U.S.
Domestic production exceeds $117 billion per year.