PTDA Releases Market Outlook Report Data for March 2006
Chicago, Ill. -- May 3, 2006 -- The Power Transmission Distributors
Association (PTDA) today released the March trend data for distributors
and manufacturers of power transmission/motion control (PT/MC)
products.
In March, U.S. distributors’ year-to-date sales of PT/MC
products rose 11.7 percent as compared to sales for February through
March 2005. Sales increased 3.9 percent over the previous month
and were up 12.6 percent as compared to March 2005.
Days sales in accounts receivables increased 0.7 percent as compared
over February 2006, but were down 3.3 percent as compared to the same
month last year. Annualized sales to inventory ratio in March was
9.4, compared to 9.2 in 2005.
For March, the confidence level of U.S. distributors rose to 7.3 from
7.0 in February on a 10-point scale.
Canadian distributors’ year-to-date sales of PT/MC products
grew 11.5 percent as compared to sales for February through March
2005. Sales were up 6.9 percent over the previous month and
increased 11.2 percent as compared to March 2005.
Days sales in accounts receivables increased 0.5 percent over
February 2006, but were down 0.8 percent as compared to the same month
last year. Annualized sales to inventory ratio in March was 8.8,
compared to 8.2 in 2005.
For March, the confidence level of Canadian distributors remained
flat at 6.8 on a 10-point scale.
In March, U.S. manufacturers’ year-to-date sales of PT/MC
products grew 10.2 percent as compared to sales for February through
March 2005. Sales were up 4.4 percent over the previous month and
increased 9.4 percent as compared to March 2005. As compared to
February, sales of mounted bearings, unmounted bearings, standard
industrial motors, variable speed drives, positioning system/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
9.6 percent as compared to 2005. March orders decreased 9.4
percent over February, but were up 5.4 percent as compared to March
2005. Annualized sales to inventory ratio in March was 10.3,
compared to 10.2 in 2005.
For March, the confidence level of U.S. manufacturers rose to 5.7 in
March from 5.6 in February on a 10-point scale.
Canadian manufacturers’ year-to-date sales of PT/MC products
increased 5.9 percent as compared to sales for February through March in
2005. Sales grew 3.5 percent over the previous and were up 7.6
percent as compared to March 2005. As compared to February, sales
of mounted bearings, unmounted bearings, mechanical drive systems and
other PT products, clutches and brakes, and shaft couplings
increased. Sales of standard industrial motors, variable speed
drives, positioning systems/linear motion products, gear products
decreased.
Annualized sales to inventory ratio in March was 8.6, compared to 7.7
in 2005.
For March, the confidence level of Canadian manufacturers fell to 5.1
from 5.2 in February on a 10-point scale.
The Adobe Acrobat attachment contains selected data charts from the
March 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 218 power
transmission/motion control distributor firms with almost 3,500
locations throughout North America and 13 other countries, as well as
197 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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