MRO Magazine

Power transmission/motion control industry continues to forecast growth

Chicago, IL – The Power Transmission Distributors Association’s 1Q13 Business Index for the first quarter of 2013 produced a reading of 61.1, which represents a substantial increase over the previous quarter’s reading of 50.7....


Chicago, IL – The Power Transmission Distributors Association’s 1Q13 Business Index for the first quarter of 2013 produced a reading of 61.1, which represents a substantial increase over the previous quarter’s reading of 50.7. This indicates that the power transmission/motion control (PT/MC) industry expanded for the 12th consecutive quarter at a slightly faster pace compared with 4Q12. However, the 1Q2013 index is significantly lower when compared against the same quarter in previous years (with the 1Q2011 index at 85.5 and the 1Q2012 index at 75.4).

The index reading indicates the rate of change compared with the previous period. For example, 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.]

The entire 1Q13 PTDA Business Index report is available through PTDA’s website at www.ptda.org/Index. It includes US and Canadian breakout data in addition to historical data. Conducted jointly by PTDA and Cleveland Research Company, the PTDA Business Index was modelled after the Purchasing Managers Index and tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices and backlog in the PT/MC industry to arrive at an overall index.

For more information, visit www.ptda.org.

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