
PT/MC Manufacturers’ Month-to-Month Sales Increase Less than One Percent According to PTDA's October 2009 Market Outlook ReportChicago, Ill.--December 8, 2009--U.S. and Canadian manufacturers posted a slight increase in sales in October 2009 according to sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report. U.S. manufacturers’ sales rose 0.6 percent over September 2009 sales. The increase was a slower rate than experienced in the previous two months but still reflects positive movement. Canadian manufacturers’ sales rose 0.8 percent over September 2009, the second month of growth. Year-to-date sales figures comparisons between October 2009 and October 2008 still reflect sales declines. U.S. manufacturers’ year-to-date sales are down 28.2 percent compared to sales at this time last year; Canadian manufacturers’ year-to-year sales are off 27.2 percent. Confidence in the U.S. market has been in a negative position since January 2009 and has been stalled at 4.7 (as measured on a scale of 1 to 10 with 10 being most optimistic) for four consecutive months. Canadian manufacturers’ confidence experienced a huge spike in October 2009, jumping to a neutral position of 5.0, the best ranking of the index since July 2008. Month-to-month sales for nine product categories between September 2009 and October 2009 for U.S. and Canadian manufacturers are reported below. U.S. Manufacturer Percent Change in Product Sales (September 2009 vs. October 2009)
Canadian Manufacturer Percent Change in Product Sales (September 2009 vs. October 2009)
The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes month-to-month and year-to-year changes in sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, clutches and brakes, shaft couplings and mechanical drive systems and other PT products for U.S. and Canadian manufacturers. Year-end data for 2007 and 2008 is
available in a complete report. The monthly data is available by
subscription via e-mail or mail. To purchase the year-end data or
to begin a subscription to the monthly data, order online at www.ptda.org/store or call PTDA at
+1.312.516.2100. PTDA members may download the report at no charge
through the PTDA Web site at www.ptda.org/MOR. PTDA is dedicated to providing exceptional networking, targeted
education, relevant information and leading-edge business tools to help
distributors and manufacturers meet marketplace demands competitively
and profitably. For more information, visit www.ptda.org. |