PTDA Index shows slower growth
The 2Q13 PTDA Business Index produced a reading of 54.7, which represents a decrease over last quarter’s reading of 61.1.
This indicates that the power transmission / motion control (PT/MC) industry expanded for the 13th consecutive quarter at a slower pace compared with 1Q13. When comparing this reading to 2Q12, this is a slight increase to the reading of 54.2.
The entire 2Q13 PTDA Business Index report is available through PTDA’s website at www.ptda.org/Index. It includes U.S. and Canadian breakout data in addition to historical data. Conducted jointly by PTDA and Cleveland Research Company, the PTDA Business Index was modeled after the widely respected 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.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
