Quarterly Business Index
PTDA's Quarterly
Business Index provides top-line insight into where orders, sales and
production, employment, deliveries and inventory may be heading. Modeled
after the widely respected Purchasing Managers Index, the quarterly
report measures the quarter-to-quarter change in the following
categories for distributors and manufacturers:
Business
Activity New
Orders Employment Supplier
Deliveries Inventories Prices Backlog
PTDA Business Index Indicates Expansion and Sales Growth
The 1Q12 PTDA
Business Index produced a reading of 75.4, which represents an
acceleration from the 4Q11 reading of 67.3. This indicates that the power
transmission/motion control (PT/MC) industry expanded for the eighth
consecutive quarter at a faster pace than the prior quarter. Both
distributors and manufacturers saw strong growth in
1Q12.
On average, sales rose
9 percent in 1Q12, up from 5 percent growth seen in 4Q11. Distributor
sales growth grew to 9 percent in 1Q12 from 4 percent in 4Q11.
Manufacturers also reported accelerated sales growth of 10 percent in
1Q12, compared with 5 percent growth in 4Q11. PTDA members expect 2012
to be another year of sales growth, with an average forecast of 11
percent, up from 9 percent in the 4Q11 survey. It’s interesting to
note that 97 percent of distributors and 98 percent of manufacturers
surveyed expect positive growth in 2012.
Watch for your opportunity to participate in the 2Q12 index, which
will begin on July 5, 2012. Those who participate in the PTDA Business
Index survey receive the results two weeks before they are released to
the general membership and the public.
Looking for more?
Access the full 2012 Transmissions® Volume
2 story providing highlights and analysis of last
quarter's PTDA Business Index and Market Forecast
reports.
View the full results of the current report.
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