Motor Shipments Retreat in Second Quarter 2013

NEMA’s Motors Shipments Index decreased by 7.2 percent on a quarter to quarter basis during the second quarter of 2013. Still, the index is up 6.8 percent higher on a year-over-year basis and registered the second highest reading in the history of the series. Fractional HP motors continue to be the driving segment of growth in the index. Inflation adjusted shipments of fractional horsepower motors showed a gain of 13.0 percent, while integral HP motors dipped 1.9 percent compared to the same period last year