PTDA Releases Market Outlook Report Data for January 2006
Chicago, Ill. -- March 8, 2006 -- The Power Transmission Distributors
Association (PTDA) today released the January 2006 trend data for
distributors and manufacturers of power transmission/motion control
(PT/MC) products.
In January, U.S. distributors’ year-to-date sales of PT/MC
products rose 12.0 percent as compared to sales for January 2005 and
increased 5.9 percent over the previous month.
Days sales in accounts receivables decreased 3.4 percent as compared
over December 2005 but increased 0.2 percent as compared to the same
month last year. Annualized sales to inventory ratio was 8.4 in
January 2005 and 2006.
For January, the confidence level of U.S. distributors remained flat
at 6.8 on a 10-point scale.
Canadian distributors’ year-to-date sales of PT/MC products
increased 14.1 percent as compared to sales for January 2005 and were up
6.2 percent over the previous month.
Days sales in accounts receivables decreased 2.9 percent over
December 2005 and were down 4.0 percent over the same month last
year. Annualized sales to inventory ratio was 7.6 in January 2006,
as compared to 7.1 in January 2005.
For January, the confidence level of Canadian distributors rose to
7.0 from 5.8 in December on a 10-point scale.
In January, U.S. manufacturers’ sales of PT/MC grew 13.3
percent as compared to sales for January 2005 and increased 6.1 percent
over the previous month. As compared to December, sales of mounted
bearings, unmounted bearings, standard industrial motors, variable speed
drives, positioning systems/linear motion products, gear products,
mechanical drive systems and other PT products, clutches and brakes, and
shaft couplings increased.
Year-to-date orders of PT/MC products from U.S. manufacturers grew
10.3 percent as compared to 2005; January orders increased 9.5 percent
over December. Annualized sales to inventory ratio was 9.2 in
January 2006 as compared to 8.1 in January 2005.
For January, the confidence level of U.S. manufacturers increased to
5.6 from 5.5 in December on a 10-point scale.
Canadian manufacturers’ sales of PT/MC products increased 4.6
percent as compared to sales for January 2005 and grew 12.6 percent over
the previous month. As compared to December, sales of mounted
bearings, unmounted bearings, standard industrial motors, positioning
systems/linear motion products, gear products, mechanical drive systems
and other PT products, clutches and brakes, and shaft couplings
increased. Sales of variable speed drives decreased.
Annualized sales to inventory ratio was 7.0 in January 2006 as compared
to 6.7 in January 2005.
For January, the confidence level of Canadian manufacturers increased
to 5.3 from 5.1 in December on a 10-point scale.
The Adobe Acrobat attachment contains selected data charts from the
January 2006 Market Outlook Report.
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, inventory and accounts
receivables data 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, mechanical drive systems and other PT products, clutches and
breaks, and shaft couplings.
The report is available by annual subscription via e-mail or mail by
contacting +1.312.516.2100 or may be ordered online at www.ptda.org/store; 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 222 power
transmission/motion control distributor firms with almost 3,500
locations throughout North America and 13 other countries, as well as
194 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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