Chicago, Ill. – March 6, 2008 – The Power Transmission
Distributors Association (PTDA) today released January 2008 month-end
trend data for distributors and manufacturers of power
transmission/motion control (PT/MC) products.
After a two-month decline in U.S. distributors’ sales of PT/MC
products, January sales were up 7.6 percent compared to December
2007. When matched up against sales in January 2007, sales
in January 2008 gained 4.5 percent. Accounts receivable collection
days were down 2.8 percent in January 2008 after an increase in December
2007. For January 2008, the confidence index of U.S. distributors
remained flat at 5.8 (on a 10-point scale).
Canadian distributors posted positive gains in PT/MC sales, rising
7.7 percent in January 2008. Sales growth over the same period last year
was down 0.7 percent. Days sales in account receivables dropped
12.5 percent as compared to December 2007. For January 2008, the
confidence level of Canadian distributors rose to 5.5 (on a 10-point
scale), slightly higher than the December 2007 level of 5.0.
U.S. manufacturers’ sales were up for the first time in two
months. Sales in January 2008 increased 7.6 percent compared to December
2007. Sales growth over the same period last year also was
positive with a 5.9 percent increase. The confidence level of U.S.
manufacturers dropped to 5.5 (on a 10-point) scale from December 2007 to
January 2008.
Canadian manufacturer’s sales broke its two-month stretch of
declining sales, with a 14.5 percent gain over December 2007.
Sales were down 7.3 percent when compared to the same period last year
. For January, the confidence level of Canadian manufacturers
continues to fluctuate between 5.1 and 5.5, with a 0.1 increase to 5.2
(on a 10-point scale) from December 2007 to January 2008.
Product-by-product sales between December 2007 and January 2008
reflect the overall growth in sales experienced by both U.S. and
Canadian manufacturers. All product categories for U.S.
manufacturers, except mounted bearings, experienced a positive change in
sales. For Canadian manufacturers, all product categories, except
standard industrial motors, experienced a positive change in sales.
U.S. Manufacturer Percent Change in Product Sales (December 2007 vs.
January 2008)
|
Product
|
Percent
Change
|
|
Mounted Bearings
|
-1.2%
|
|
Unmounted Bearings
|
0.3%
|
|
Positioning Systems/Linear Motion
Products
|
2.2%
|
|
Shaft Couplings
|
5.3%
|
|
Variable Speed Drives
|
9.4%
|
|
Standard Industrial Motors
|
12.2%
|
|
Clutches & Brakes
|
13.0%
|
|
Gear Products
|
15.8%
|
|
Mechanical Drive Systems & Other
PT Products
|
26.5%
|
Canadian Manufacturer Percent Change in Product Sales (December 2007
vs. January 2008)
|
Product
|
Percent
Change
|
|
Standard Industrial Motors
|
-32.8%
|
|
Unmounted Bearings
|
12.1%
|
|
Mounted Bearings
|
13.0%
|
|
Mechanical Drive Systems & Other
PT Products
|
13.6%
|
|
Clutches & Brakes
|
19.1%
|
|
Gear Products
|
25.6%
|
|
Positioning Systems/Linear Motion
Products
|
33.5%
|
|
Variable Speed Drives
|
44.6%
|
|
Shaft Couplings
|
85.1%
|
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 for the current and the previous
year in sales, inventory and accounts receivables for U.S. and Canadian
distributors as well as a general confidence index. U.S. and
Canadian manufacturer data includes a confidence index, as well as 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.
Year-end data for 2006 and 2007 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.
Founded in 1960, the Power Transmission Distributors Association
(PTDA) is the leading association for the industrial power
transmission/motion control (PT/MC) distribution channel. A
U.S.-based trade association, PTDA represents 211 power
transmission/motion control distributor firms with over 3,500 locations
throughout North America and 12 other countries, as well as 202
manufacturers that supply the PT/MC industry.
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.
|