The 2Q13 PTDA Business Index produced reading of 54.7, which represents decrease over last quarter’s reading of 61.1. This indicates that the power transmission/motion control industry expanded for 13th consecutive quarter at a slower pace compared with 1Q13. 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.
This story is related to the following:Trade Associations