Manufacturers' Sales on the rise in U.S. and Canada.
Press Release Summary:
According to PTDA's June 2010 Market Outlook Report, sales of power transmission/motion control products by U.S. manufacturers rose 2.4% compared to previous months and Canadian manufacturers' sales rose 25.4%. In U.S., year-to-date sales rose 4.9% compared to same period in 2009, while Canadian sales rose 9.7%. All tracked categories in the U.S. showed month-to-month gains, with the exception of standard industrial motors.
Original Press Release:
Manufacturers' Sales on the Rise in U.S. and Canada According to PTDA's June 2010 Market Outlook Report
Chicago, Ill. - Sales of power transmission/motion control (PT/MC) products by U.S. manufacturers rose 2.4 percent compared to the previous months and Canadian manufacturers' sales rose 25.4 percent according to June 2010 sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
Year-to-date sales in the first half of the year are up in both the U.S. and Canada. In the U.S., year-to-date sales rose 4.9 percent compared to the same period in 2009, while Canadian sales rose 9.7 percent.
For the second consecutive month, confidence in the market by U.S. manufacturers holds a neutral position of 5.0, while Canadian manufacturers' confidence rose from 4.9 to 5.2 on a scale of 1 (very pessimistic) to 10 (outstanding).
In the U.S., all tracked categories showed month-to-month gains, with the exception of standard industrial motors. Canadian manufacturers' product sales also rose in all but one category: clutches & brakes. Month-to-month sales for product categories between May 2010 and June 2010 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(May 2010 vs. June 2010)
Product Percent Change
Standard Industrial Motors -10.7%
Variable Speed Drives 0.2%
Clutches & Brakes 0.8%
Mounted Bearings 1.3%
Positioning Systems/Linear Motion Products 2.6%
Shaft Couplings 4.0%
Mechanical Drive Systems and Other PT Products 5.3%
Unmounted Bearings 9.1%
Gear Products 9.8%
Canadian Manufacturer Percent Change in Product Sales
(May 2010 vs. June 2010)
Product Percent Change
Clutches & Brakes -17.4%
Mechanical Drive Systems and Other PT Products 10.7%
Gear Products 13.7%
Positioning Systems/Linear Motion Products 14.1%
Unmounted Bearings 32.2%
Mounted Bearings 45.1%
Variable Speed Drives 53.9%
Shaft Couplings 71.3%
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 185 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 181 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.
