PTDA Business Index Reveals a Positive Outlook for 2011
Chicago, Ill.—November 22, 2010 — According to
the third quarter results of the Quarterly Business Index released by
the Power Transmission Distributors Association (PTDA), PTDA members are
projecting 10 percent growth on top of the 14 percent average growth
expectation for 2010.
In the third quarter, respondents experienced expansion, albeit at a
slightly reduced rate than the second quarter. The overall reading for
the third quarter was 74.6, compared to 77.0 in the second quarter. A
reading above 50 indicates expansion. A comparative review of
distributor and manufacturer results show that manufacturing expanded at
a faster pace than distribution, with a reading of 76.6 for
manufacturers vs. 71.2 for distributors.
The table below provides an overview of the results and a breakout
reading of the PTDA Business Index by distributor and manufacturer.
PTDA Quarterly Business Index - 3Q2010
All Respondents Distributors
Manufacturers
Business
Activity
82.2
85.2
80.4
New
Orders
80.4
86.4
76.8
Employment
61.8 49.4
69.2
Supplier
Deliveries 73.8
64
79.8
Inventories 55 55.4
54.7
Prices 81.3 83.5 79.9
Backlog
67
63.2 69.2
Overall PTDA
Index 74.6
71.2
76.6
The PTDA Business Index is available at no charge through the PTDA
website at www.ptda.org/Index.
The full report includes U.S. and Canadian breakout data. Conducted
jointly by PTDA and Cleveland Research Company, the PTDA Quarterly
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 market to arrive at an overall index.
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 185 power
transmission/motion control distribution firms that generate more than
$10 billion in sales and span 3,500 locations in North America and 11
other countries. PTDA members also include 181 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.
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