PT/MC Market Reports Mixed Results According to PTDA's April 2008
Market Outlook Report Data
Chicago, Ill. – June 6, 2008– The Power Transmission
Distributors Association (PTDA) today released April 2008 month-end
trend data for distributors and manufacturers of power
transmission/motion control (PT/MC) products.
U.S. distributors’ overall sales of PT/MC products climbed 6.4
percent in April 2008 compared to March 2008. When matched up
against sales in the same month last year, sales in April 2008 were up
11.5 percent. Accounts receivable collection days fell 4.3 percent
since March 2008. The confidence index of U.S. distributors held
steady for the fifth month in a row at 5.8 (on a 10-point scale).
Canadian distributors also reported a rise in PT/MC sales, gaining
8.6 percent in April 2008. Sales over the same period last year were up
6.6 percent. Accounts receivable collection days dropped 6.9
percent compared to March 2008. In April 2008, the confidence
level of Canadian distributors was held constant for the third month in
a row at 5.7 (on a 10-point scale).
U.S. manufacturers’ sales declined in April 2008, with a 2.7
percent loss compared to March 2008. Sales in April 2008 climbed
2.1 percent compared to April 2007. Orders in April 2008 were down
3.6 percent over March 2008. The confidence level of U.S.
manufacturers declined slightly in April 2008 to 5.2 (on a 10-point)
compare to 5.6 in March 2008.
Canadian manufacturer’s sales declined slightly in April 2008
with a 0.4 percent loss compared to March 2008. Sales were down
2.0 percent when compared to the same period last year. For
January, the confidence level of Canadian manufacturers decreased 0.2 to
5.0 (on a 10-point scale) from March 2008 to April 2008.
Product-by-product sales between March 2008 and April 2008 reflect
the overall drop in sales experienced by both U.S. and Canadian
manufacturers. Three of nine product categories for U.S.
manufacturers—gear products, clutches & brakes, and standard
industrial motors—posted sales gains. For Canadian
manufacturers, more than half of the products manufactured posted a
positive gain, resulting in negligible losses this Month.
U.S. Manufacturer Percent Change in Product Sales (March 2008
vs. April 2008)
| Product Percent Change |
|
| Variable Speed Drives |
-14.7% |
| Positioning Systems/Linear Motion Products |
-10.8% |
| Unmounted Bearings |
-8.4% |
| Shaft Couplings |
-2.9% |
| Mounted Bearings |
-1.3% |
| Mechanical Drive Systems and Other PT Products |
-0.6% |
| Clutches & Brakes |
0.5% |
| Standard Industrial Motors |
1.0% |
| Gear Products |
11.5% |
Canadian Manufacturer Percent Change in Product Sales (March
2008 vs. April 2008)
| Product Percent Change |
|
| Standard Industrial Motors |
53.2% |
| Gear Products |
24.6% |
| Variable Speed Drives |
23.1% |
| Clutches & Brakes |
17.4% |
| Positioning Systems/Linear Motion Products |
9.3% |
| Shaft Couplings |
-2.2% |
| Unmounted Bearings |
-4.9% |
| Mounted Bearings |
-12.0% |
| Mechanical Drive Systems & Other PT Products |
-19.6% |
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 for the current and the previous
year in sales, inventory and accounts receivables 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 brakes, shaft couplings and
mechanical drive systems and other PT products.
Year-end data for 2006 and 2007 is available in a complete
report. The monthly data is available by subscription via e-mail
or mail. To purchase the year-end data or to begin a subscription
to the monthly data, order online at www.ptda.org/store or call PTDA at
+1.312.516.2100. 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 205 power
transmission/motion control distributor firms with over 3,500 locations
throughout North America and 12 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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