PTDA Releases Market Outlook Report Data for November 2006
Chicago, Ill. -- January 12, 2007 -- The Power Transmission
Distributors Association (PTDA) today released the November trend data
for distributors and manufacturers of power transmission/motion control
(PT/MC) products.
In November, U.S. distributors’ year-to-date sales of PT/MC
products climbed 10.7 percent as compared to sales for January through
November 2005. Sales fell 3.6 percent over the previous month and
were up 7.8 percent as compared to November 2005.
Days sales in accounts receivables rose 1.3 percent as compared to
October 2006 and increased 2.9 percent as compared to the same month
last year. Annualized sales to inventory ratio in November was
8.3, compared to 7.9 in 2005.
For November, the confidence level of U.S. distributors decreased to
6.2 from 6.3 in October on a 10-point scale.
Canadian distributors’ year-to-date sales of PT/MC products
grew 9.0 percent as compared to sales for January through November
2005. Sales were up 3.8 percent over the previous month and gained
9.8 percent as compared to November 2005.
Days sales in accounts receivables were down 3.9 percent from October
2006 and increased 1.2 percent as compared to the same month last
year. Annualized sales to inventory ratio in November remained
flat at 7.9 compared to November 2005.
For November, the confidence level of Canadian distributors remained
flat at 6.0 on a 10-point scale.
In November, U.S. manufacturers’ year-to-date sales of PT/MC
products rose 8.0 percent as compared to sales for January through
November 2005. Sales fell 6.3 percent over the previous month and
were up 6.5 percent as compared to November 2005. As compared to
October, sales of clutches and brakes increased. Sales of mounted
bearings, unmounted bearings, standard industrial motors, variable speed
drives, positioning systems/linear motion products, gear products, shaft
couplings, mechanical drive systems and other PT products
decreased.
Year-to-date orders of PT/MC products from U.S. manufacturers gained
4.3 percent as compared to the same period in 2005. November
orders dropped 11.2 percent from October, and shrunk 8.4 percent as
compared to November 2005. Annualized sales to inventory ratio in
November was 10.0, compared to 10.6 in 2005.
For November, the confidence level of U.S. manufacturers remained
flat at 5.4 on a 10-point scale.
Canadian manufacturers’ year-to-date sales of PT/MC products
increased 0.7 percent as compared to sales for January through November
in 2005. Sales decreased 2.7 percent over the previous month and
were down 6.0 percent as compared to November 2005. As compared to
October, sales of mounted bearings, variable speed drives, positioning
systems/linear motion products, clutches and brakes, shaft couplings,
and mechanical drive systems and other PT products increased.
Sales of unmounted bearings, standard industrial motors and gear
products decreased.
Annualized sales to inventory ratio in November was 8.0, compared to
7.7 in November 2005.
For November, the confidence level of Canadian manufacturers declined
to 5.1 from 5.2 in October on a 10-point scale.
The Adobe Acrobat attachment contains selected data charts from the
November 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, clutches and breaks, and shaft couplings, and mechanical drive
systems and other PT products.
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.
| Market OUtlook Report November 2006 |
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