PTDA Releases Market Outlook Report Data for October 2006
Chicago, Ill. -- January 5, 2007 -- The Power Transmission
Distributors Association (PTDA) today released the October trend data
for distributors and manufacturers of power transmission/motion control
(PT/MC) products.
In October, U.S. distributors’ year-to-date sales of PT/MC
products rose 11.0 percent as compared to sales for January through
October 2005. Sales fell 2.0 percent over the previous month and
were up 12.0 percent as compared to October 2005.
Days sales in accounts receivables decreased 0.2 percent as compared
to September 2006 and dropped 5.6 percent as compared to the same month
last year. Annualized sales to inventory ratio in October was 9.0,
compared to 8.2 in 2005.
For October, the confidence level of U.S. distributors remained flat
at 6.3 on a 10-point scale.
Canadian distributors’ year-to-date sales of PT/MC products
climbed 9.0 percent as compared to sales for January through October
2005. Sales increased 1.4 percent over the previous month and grew
13.7 percent as compared to October 2005.
Days sales in accounts receivables were down 0.2 percent from
September 2006 and decreased 3.3 percent as compared to the same month
last year. Annualized sales to inventory ratio in October was 7.5,
compared to 7.2 in 2005.
For October, the confidence level of Canadian distributors remained
flat at 6.0 on a 10-point scale.
In October, U.S. manufacturers’ year-to-date sales of PT/MC
products rose 8.7 percent as compared to sales for January through
October 2005. Sales gained 4.1 percent over the previous month and
climbed 10.9 percent as compared to October 2005. As compared to
September, sales of unmounted bearings, standard industrial motors,
variable speed drives, positioning systems/linear motion products, and
gear products increased. Sales of mounted bearings, mechanical
drive systems and other PT products, clutches and brakes, and shaft
couplings decreased.
Year-to-date orders of PT/MC products from U.S. manufacturers were up
5.5 percent as compared to the same period in 2005. October orders
increased 3.2 percent from September, and grew 6.8 percent as compared
to October 2005. Annualized sales to inventory ratio in October
was 10.7, compared to 11.1 in 2005.
For October, the confidence level of U.S. manufacturers decreased to
5.4 from 5.6 in September on a 10-point scale.
Canadian manufacturers’ year-to-date sales of PT/MC products
gained 1.4 percent as compared to sales for January through October in
2005. Sales rose 2.3 percent over the previous month and climbed
9.2 percent as compared to October 2005. As compared to September,
sales of unmounted bearings, standard industrial motors, gear products,
clutches and brakes increased. Mounted bearings, variable speed
drives, positioning systems/linear motion products, mechanical drive
systems and other PT products, and shaft couplings decreased.
Annualized sales to inventory ratio in October was 7.3, compared to
6.9 in October 2005.
For October, the confidence level of Canadian manufacturers increased
to 5.2 from 5.1 in September on a 10-point scale.
The Adobe Acrobat attachment contains selected data charts from the
October 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 216 power
transmission/motion control distributor firms with over 3,500 locations
throughout North America and 11 other countries, as well as 200
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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