PT/MC Sales Rebound According to PTDA's June 2008 Market
Outlook Report Data
Chicago, Ill.
—August 6, 2008 —The Power Transmission Distributors Association
(PTDA) today released June 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 rose 2.7 percent in June 2008 compared to May
2008. When matched up
against sales in the same month last year, sales in June 2008 were up
2.1 percent. Accounts
receivable collection days dropped 2.3 percent since May
2008. The confidence index
of U.S. distributors for June
remained flat at 5.6 (on a 10-point scale).
Canadian distributors reported a
negligible decrease in PT/MC sales, dropping 0.2 percent in June 2008
after posting a 5.4 percent loss in May 2008. Sales over the same period
last year were down 4.8 percent. Accounts receivable collection days rose 1.6 percent compared
to May 2008. In June 2008,
the confidence level of Canadian distributors was held constant for the
fifth consecutive month at 5.7 (on a 10-point scale).
U.S. manufacturers’ sales
increased in June 2008, with a 6.6 percent gain compared to May
2008. Sales in June 2008
climbed 5.6 percent compared to the same period last year. Orders in June 2008 were down 5.0 percent over May
2008. The confidence level
of U.S. manufacturers remained
flat at 5.3 (on a 10-point scale) for the second month in a
row.
Canadian manufacturer’s sales
increased 3.5 percent in June 2008 compared to May 2008.
Sales were down 10.6 percent when
compared to the same period last year. The confidence level of Canadian manufacturers
increased 0.2 to 4.9 (on a 10-point scale) from May to June
2008.
Product-by-product sales between May
2008 and June 2008 reflect the overall increase in sales experienced by
U.S. and Canadian manufacturers. Only three of nine product categories for U.S. manufacturers—variable speed drives,
mechanical drive systems and other PT products and positioning systems/
linear motion products—posted drops in sales. For Canadian manufacturers, four product
categories posted a loss—clutches & brakes, variable speed
drives, mounted bearings and unmounted bearings.
U.S. Manufacturer Percent Change in Product Sales (May 2008
vs. June 2008)
|
Product
|
Percent
Change
|
|
Variable Speed Drives
|
-14.9%
|
|
Positioning Systems/Linear Motion
Products
|
-2.2%
|
|
Mechanical Drive Systems and Other PT
Products
|
-1.5%
|
|
Clutches & Brakes
|
0.3%
|
|
Shaft Couplings
|
4.1%
|
|
Unmounted Bearings
|
7.8%
|
|
Mounted Bearings
|
9.0%
|
|
Gear Products
|
9.3%
|
|
Standard Industrial Motors
|
9.9%
|
Canadian Manufacturer Percent
Change in Product Sales (May 2008 vs. June 2008)
|
Product
|
Percent
Change
|
|
Clutches & Brakes
|
-24.1%
|
|
Variable Speed Drives
|
-12.2%
|
|
Mounted Bearings
|
-1.4%
|
|
Unmounted Bearings
|
-1.3%
|
|
Gear Products
|
0.8%
|
|
Shaft Couplings
|
5.8%
|
|
Positioning Systems/Linear Motion
Products
|
8.4%
|
|
Mechanical Drive Systems & Other
PT Products
|
19.4%
|
|
Standard Industrial Motors
|
42.0%
|
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.
|