Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Demand for Motors Contracts Sharply in 1Q 2009
May 18, 2009
 Printable format
 Email this Article
 Search

The National Electrical Manufacturers Association's (NEMA) Motors Shipments Index declined for the second consecutive quarter during the first three months of 2009, falling more than 9% versus 4Q 2008 and 23.4% on a year-over-year basis. Since hitting its peak during the first half of 2006, the index has dropped more than 27%, NEMA said, with most of the declines occurring during the last two quarters. Fractional and integral horsepower motors both saw market demand weaken, according to NEMA, but the decline in fractional units was appreciably weaker compared to 1Q 2008.

According to NEMA, “with companies in the midst of slashing capital spending outlays due to tight credit conditions and declining profits, as well as manufacturers cutting factory utilization rates to their lowest levels on record, the near-term outlook is quite unfavorable for domestic industrial equipment and machinery demand. Thus, NEMA/BIS expects the Motors Shipments Index will likely see further downward pressure for the next several quarters.”

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows