Slowed growth in the power transmission and motion control industry

The second quarter of 2013 for the Power Transmission Distributors Association Business Index produced a reading of 54.7, which represents a decrease over last quarter’s reading of 61.1. This indicates that the power transmission/motion control industry expanded for the 13th consecutive quarter at a slower pace compared with the first quarter of 2013. When comparing this reading to the second quarter of 2012, this is a slight increase to the reading of 54.2.

The index reading indicates the rate of change compared with the previous period. A reading of 50 indicates no change from the prior period while readings above 50 indicate growth and below 50 indicate contraction. The further the index is above or below 50 suggests a faster or slower rate of change.

This entire report is available through PTDA’s website at www.ptda.org/index. It tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices and backlog in the power transmission/motion control industry to arrive at an overall index. U.S and Canadian breakout data and historical data are included.

-Bill O’Leary

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