Industrial Control Sales Slipped in 4Q 2013 According to NEMA Industrial Control Systems Indices

NEMA reported that its Industrial Controls Indices fell 1.3 percent from the third to the fourth quarter in 2013, but showed an increase of 2.4 percent over the same quarter of 2012. The association's Primary Industrial Controls and Adjustable Speed Drives Index, which measures demand for a broad range of industrial controls, posted a decline of 1.2 percent for the quarter but gained 4.8 on the previous year's same quarter. For the year, the index finished 2013 3.5 percentage points above 2012.