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Growth Continues to Slow in the Power Transmission/Motion Control Industry
2013-11-19 06:00:00| Industrial Newsroom - All News for Today
The 3Q13 PTDA Business Index produced reading of 51.6 which represents decrease over last quarter's reading of 54.7 and third consecutive quarter of slower growth. Survey participants anticipate limited upside for the channel in 2014, possibly driven by decreasing pricing power. Conducted jointly by PTDA and Cleveland Research Company, PTDA Business Index tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices, and backlog in PT/MC industry. This story is related to the following:Trade Associations
Tags: power
control
industry
growth
Category:Industrial Goods and Services