Motor shipments show strong growth in first quarter of 2014

Motors shipments climbed sharply during the first quarter of 2014, as measured by National Electrical Manufacturers Association’s Motors Shipments Index, posting an increase of 9% (q/q). On a year-over-year basis the index is up 2.8%, and has more than regained territory lost during the previous three consecutive quarters. Shipments of fractional horsepower motors led the way with an increase of 37% (q/q), while integral horsepower motors grew at a more modest rate of 7.6% (q/q).

-Bill O’Leary

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