PTDA Report shows slight increase in U.S./Canadian orders.
Press Release Summary:
According to PTDA's July 2009 Market Outlook Report, confidence in U.S. and Canadian market rose by 0.1%, though sales for both decreased overall in July 2009 compared to June 2009 and July 2008. All 9 product categories for U.S. manufacturers posted sales losses, but for Canadian manufacturers, 5 categories posted sales gains, including 53.3% increase for clutches and brakes. Other growth categories include mounted bearings, shaft couplings, industrial motors, and mechanical drive systems.
Original Press Release:
PT/MC Manufacturers Experienced Slight Increase in Orders According to PTDA's July 2009 Market Outlook Report
PT/MC Manufacturers Experienced Slight Increase in Orders According to PTDA's July 2009 Market Outlook Report
Chicago, Ill. - September 10, 2009 - Both Canadian and U.S. manufacturers experienced a drop in sales in July 2009 according to sales data released by the Power Transmission Distributors Association (PTDA). Confidence in both the Canadian and U.S. 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 4.5 and 4.9 respectively.
U.S. manufacturers' sales fell by 10.4 percent in July 2009 when compared to June 2009. Sales in July 2009 fell 38 percent compared to the same period last year. Orders in July 2009 increased slightly by 1.4 percent over June 2009 orders.
Canadian manufacturers' sales fell 11.6 percent compared to June 2009. Sales were down 29.6 percent when compared to the same period last year.
Product-by-product sales between June 2009 and July 2009 reflect the change in sales experienced by U.S. and Canadian manufacturers. All nine product categories for U.S. manufacturers posted sales losses. For Canadian manufacturers, five product categories posted sales gains-including a 53.3 percent increase for clutches and brakes. Other growth categories include mounted bearings, shaft couplings, standard industrial motors, and mechanical drive systems and other PT products.
U.S. Manufacturer Percent Change in Product Sales
(June 2009 vs. July 2009)
Product Percent Change
Standard Industrial Motors -14.3%
Mounted Bearings -11.5%
Unmounted Bearings -10.8%
Positioning Systems/Linear Motion Products -10.7%
Shaft Couplings -9.9%
Clutches & Brakes -9.0%
Mechanical Drive Systems and Other PT Products -6.0%
Variable Speed Drives -5.7%
Gear Products -1.6%
Canadian Manufacturer Percent Change in Product Sales
(June 2009 vs. July 2009)
Product Percent Change
Variable Speed Drives -48.9%
Gear Products -39.2%
Positioning Systems/Linear Motion Products -19.5%
Unmounted Bearings -1.8%
Shaft Couplings 4.5%
Standard Industrial Motors 5.9%
Mechanical Drive Systems and Other PT Products 7.4%
Mounted Bearings 11.3%
Clutches & Brakes 53.3%
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, 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.
