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Power Transmission/Motion Control Industry Tempers Year-End Outlook
2014-05-13 06:00:00| Industrial Newsroom - All News for Today
Quarterly survey of PTDA’s distributor and manufacturer members continues to point to growth, with the PTDA Business Index for 1Q2014 at 63.6, up from 4Q2013 reading of 60.2. However, when asked about their outlook for the entire year, survey participants lowered their expectations from 7% growth to 6% growth, suggesting expectations of weakness later in the year. This story is related to the following:Trade Associations
Tags: power
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Category:Industrial Goods and Services