PTDA Manufacturing Sales Report shows monthly US decrease.
Press Release Summary:
Following gains in October 2009, US manufacturers' sales decreased while Canadian manufacturers posted no change in November 2009 according to PTDA's Market Outlook Report. US manufacturers' sales dropped 6.1% from October 2009 sales, following 3 months of increasing sales, while year-to-date sales figures comparisons for November still reflect sales declines. US manufacturers' year-to-date sales are down 27.9%, and Canadian manufacturers' year-to-year sales are off 25.8%.
Original Press Release:
U.S. PT/MC Manufacturers' Month-to-Month Sales Decrease while Canadian Sales Remain Flat According to PTDA's November 2009
Chicago, Ill. -Following gains in October 2009, U.S. manufacturers' sales decreased while Canadian manufacturers posted no change in November 2009 according to sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report. U.S. manufacturers' sales dropped 6.1 percent from October 2009 sales, following three months of increasing sales.
Year-to-date sales figures comparisons between November 2009 and November 2008 still reflect sales declines. U.S. manufacturers' year-to-date sales are down 27.9 percent compared to sales at this time last year; Canadian manufacturers' year-to-year sales are off 25.8 percent.
Confidence in the U.S. market has been in a negative position since January 2009 and has been stalled at 4.7 (as measured on a scale of 1 to 10 with 10 being most optimistic) for five consecutive months. Canadian manufacturers' confidence dropped slightly after the spike in October 2009, moving back to a negative position of 4.1.
Month-to-month sales for nine product categories between October 2009 and November 2009 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(October 2009 vs. November 2009)
Product Percent Change
Standard Industrial Motors: -7.4%
Unmounted Bearings: -7.4%
Mounted Bearings: -6.5%
Mechanical Drive Systems and Other PT Products: -4.8%
Gear Products: -4.7%
Shaft Couplings: -2.6%
Variable Speed Drives: -0.1%
Clutches & Brakes: 3.8%
Positioning Systems/Linear Motion Products: 5.2%
Canadian Manufacturer Percent Change in Product Sales
(October 2009 vs. November 2009)
Product Percent Change
Standard Industrial Motors: -43.2%
Variable Speed Drives: -35.6%
Mechanical Drive Systems and Other PT Products: -4.0%
Gear Products: -2.0%
Clutches & Brakes: 2.5%
Positioning Systems/Linear Motion Products: 3.1%
Unmounted Bearings: 5.9%
Shaft Couplings: 17.9%
Mounted Bearings: 19.6%
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, 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 2007 and 2008 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.
