U.S. and Canadian Power Transmission/Motion Control
Manufacturers’ Sales Continue to Increase According to PTDA's
February 2010 Market Outlook Report
Chicago, Ill. — April 14,
2010 —U.S. and Canadian manufacturers’ sales increased
for the second consecutive month in February, with U.S. manufacturers
posting an increase of 14.1 percent and Canadian manufacturers’
sales rising by 5.6 percent according to sales data released by the
Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
For U.S. manufacturers, sales
comparisons between February 2010 and February 2009 still reflect sales
declines. U.S. manufacturers’ year-to-date sales are
down 9.0 percent compared to sales at this time last year. Canadian
manufacturers’ year-to-year sales rose by 0.3 percent for the same
period.
U.S. manufacturers’ confidence
maintained a neutral position of 5.0 on a scale of 1 (very pessimistic)
to 10 (outstanding). Canadian manufacturers’
confidence rose to 4.8 from 4.6 in February.
Month-to-month sales for product
categories between January 2010 and February 2010 for U.S. and Canadian
manufacturers are reported below.
U.S. Manufacturer Percent Change in
Product Sales
(January 2010 vs. February
2010)
|
Product
|
Percent
Change
|
|
Variable Speed Drives
|
-21.0%
|
|
Mechanical Drive Systems and Other PT
Products
|
5.5%
|
|
Clutches & Brakes
|
11.1%
|
|
Positioning Systems/Linear Motion
Products
|
12.6%
|
|
Standard Industrial Motors
|
14.8%
|
|
Shaft Couplings
|
15.1%
|
|
Mounted Bearings
|
16.9%
|
|
Gear Products
|
17.1%
|
|
Unmounted Bearings
|
17.4%
|
Canadian Manufacturer Percent
Change in Product Sales
(January 2010 vs. February
2010)
|
Product
|
Percent
Change
|
|
Variable Speed Drives
|
-36.2%
|
|
Shaft Couplings
|
-30.2%
|
|
Gear Products
|
-6.7%
|
|
Mounted Bearings
|
7.4%
|
|
Unmounted Bearings
|
9.3%
|
|
Mechanical Drive Systems and Other PT
Products
|
18.7%
|
|
Clutches & Brakes
|
24.7%
|
|
Positioning Systems/Linear Motion
Products
|
31.5%
|
The Market Outlook Report is published
monthly by the Power Transmission Distributors Association.
The full report includes U.S. and Canadian manufacturer data for
sales and order trends for mounted bearings, unmounted bearings,
standard industrial motors (U.S. only), 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 2008 and 2009 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 198 power
transmission/motion control distribution firms that generate more than
$10 billion in sales and span 3,500 locations in North America and 11 other countries.
PTDA members also include 187
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.
|