Market Outlook Report shows stabilizing PT/MC sales in U.S.
Press Release Summary:
May 2010 sales data released in PTDA's Market Outlook Report showed sales of power transmission/motion control (PT/MC) products by U.S. manufacturers rose 2.0% while those by Canadian manufacturers dropped 13.1%. For each country, comparing May 2010 to May 2009, sales were respectively up 13.2% and 5.5% and market confidence held neutral positions of 5.0 and 4.9. Full report includes data for sales and order trends for specific product types.
Original Press Release:
Power Transmission/Motion Control Manufacturers' Sales Stabilize in U.S. but Suffer in Canada According to PTDA's May 2010 Market Outlook Report
Chicago, Ill. - Sales of power transmission/motion control (PT/MC) products by U.S. manufacturers sales rose 2.0 percent while sales by Canadian manufacturers dropped 13.1 percent according to May 2010 sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
For U.S. manufacturers, comparing May 2010 to May 2009, sales are up 13.2 percent compared to sales at this time last year. Canadian manufacturers' current-month-to-current-month sales are also up but at a slower rate at 5.5 percent.
Confidence in the market by both U.S. and Canada manufacturers are holding relatively neutral positions-5.0 and 4.9 respectively on a scale of 1 (very pessimistic) to 10 (outstanding).
Month-to-month sales for product categories between March 2010 and April 2010 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(April 2010 vs. May 2010)
Product Percent Change
Clutches & Brakes: -7.0%
Mechanical Drive Systems and Other PT Products: -5.8%
Shaft Couplings: -4.7%
Gear Products: -1.8%
Mounted Bearings: -1.8%
Variable Speed Drives: 1.0%
Unmounted Bearings: 2.5%
Positioning Systems/Linear Motion Products: 3.3%
Standard Industrial Motors: 10.6%
Canadian Manufacturer Percent Change in Product Sales
(April 2010 vs. May 2010)
Product Percent Change
Shaft Couplings: -38.2%
Variable Speed Drives: -25.9%
Unmounted Bearings: -15.8%
Mounted Bearings: -12.9%
Gear Products: -8.3%
Mechanical Drive Systems and Other PT Products: -7.7%
Clutches & Brakes: -5.6%
Positioning Systems/Linear Motion Products: 17.8%
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.
