PTDA publishes June 2009 Market Outlook Report.
Press Release Summary:
According to sales data released by PTDA, Canadian manufacturers experienced increase in sales, while U.S. manufacturers had drop in sales in June 2009. U.S. manufacturers' sales fell by 2.8% in June 2009 when compared to May 2009 and 32.9% compared to same period last year. Orders in June 2009 decreased by 5.3% over May 2009 orders. Compared to May 2009, Canadian manufacturers' sales increased 7.6%, but were down 25.5% when compared to same period last year.
Original Press Release:
Canadian and U.S. PT/MC Markets Diverge According to PTDA's June 2009 Market Outlook Report
Chicago, Ill. - August 10, 2009 -Canadian manufacturers experienced an increase in sales while U.S. manufacturers had a drop in sales in June 2009 according to sales data released by the Power Transmission Distributors Association (PTDA). Confidence in the Canadian market (as measured on a scale of 1 to 10 with 10 being most optimistic) rose slightly by 0.1 percent from last month to 4.4, while U.S. confidence is holding at a current negative position of 4.8 for the third consecutive month.
U.S. manufacturers' sales fell by 2.8 percent in June 2009 when compared to May 2009. Sales in June 2009 fell 32.9 percent compared to the same period last year. Orders in June 2009 decreased by 5.3 percent over May 2009 orders.
Canadian manufacturers' sales increased 7.6 percent compared to May 2009. Sales were down 25.5 percent when compared to the same period last year.
Product-by-product sales between May 2009 and June 2009 reflect the change in sales experienced by U.S. and Canadian manufacturers. Three of nine product categories for U.S. manufacturers-gear products, standard industrial motors, and mechanical drive systems and other PT products-posted sales gains. For Canadian manufacturers, five product categories posted sales gains-mounted bearings, gear products, standard industrial motors, variable speed drives, and mechanical drive systems and other PT.
U.S. Manufacturer Percent Change in Product Sales
(May 2009 vs. June 2009)
Product Percent Change
Unmounted Bearings -16.4%
Clutches & Brakes -14.0%
Positioning Systems/Linear Motion Products -13.9%
Shaft Couplings -6.3%
Mounted Bearings -6.0%
Variable Speed Drives -5.2%
Gear Products 7.7%
Standard Industrial Motors 11.1%
Mechanical Drive Systems and Other PT Products 11.6%
Canadian Manufacturer Percent Change in Product Sales
(May 2009 vs. June 2009)
Product Percent Change
Shaft Couplings -30.9%
Clutches & Brakes -24.2%
Positioning Systems/Linear Motion Products -2.2%
Unmounted Bearings -0.4%
Standard Industrial Motors 1.3%
Mounted Bearings 2.2%
Mechanical Drive Systems and Other PT Products 2.7%
Gear Products 40.6%
Variable Speed Drives 87.7%
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 199 power transmission/motion control distribution firms that generate more than $10 billion in sales and span 3,500 locations in North America and 12 other countries. PTDA members also include 188 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.
