Manufacturers’ sales drop in the U.S. and canada according to PTDA's July 2010 Market Outlook Report
Written by DPN Staff September 27, 2010
Sales of power transmission/ motion control (PT/MC) products by U.S. manufacturers dropped in the first month of the third quarter by 1.3 percent compared to the previous month and Canadian manufacturers’ sales dropped by 12.3 percent according to July 2010 sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
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Although sales dropped in July, sales year-to-date are still ahead of the same period in 2009. In the U.S., year-to-date sales are up 7.6 percent over the same period in 2009. In Canada, sales are 10.3 percent ahead of 2009.
For the third consecutive month, confidence in the market by U.S. manufacturers holds a neutral position of 5.0, while Canadian manufacturers’ confidence dropped from 5.2 back to 4.9 from 5.1 on a scale of 1 (very pessimistic) to 10 (outstanding).
Month-to-month sales for product categories between June 2010 and July 2010 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(June 2010 vs. July 2010)
Product Percent Change
Mechanical Drive Systems and Other PT Products -7.8%
Unmounted Bearings -3.5%
Positioning Systems/Linear Motion Products -0.6%
Gear Products -0.3%
Mounted Bearings 1.7%
Standard Industrial Motors 2.6%
Clutches & Brakes 3.9%
Shaft Couplings 4.8%
Variable Speed Drives 8.4%
Canadian Manufacturer Percent Change in Product Sales
(June 2010 vs. July 2010)
Product Percent Change
Positioning Systems/Linear Motion Products -26.0%
Unmounted Bearings -20.3%
Mounted Bearings -11.7%
Gear Products -9.5%
Shaft Couplings -3.8%
Mechanical Drive Systems and Other PT Products -0.1%
Variable Speed Drives 5.1%
Clutches & Brakes 35.6%
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 (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.
www.ptda.org.
Although sales dropped in July, sales year-to-date are still ahead of the same period in 2009. In the U.S., year-to-date sales are up 7.6 percent over the same period in 2009. In Canada, sales are 10.3 percent ahead of 2009.
For the third consecutive month, confidence in the market by U.S. manufacturers holds a neutral position of 5.0, while Canadian manufacturers’ confidence dropped from 5.2 back to 4.9 from 5.1 on a scale of 1 (very pessimistic) to 10 (outstanding).
Month-to-month sales for product categories between June 2010 and July 2010 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(June 2010 vs. July 2010)
Product Percent Change
Mechanical Drive Systems and Other PT Products -7.8%
Unmounted Bearings -3.5%
Positioning Systems/Linear Motion Products -0.6%
Gear Products -0.3%
Mounted Bearings 1.7%
Standard Industrial Motors 2.6%
Clutches & Brakes 3.9%
Shaft Couplings 4.8%
Variable Speed Drives 8.4%
Canadian Manufacturer Percent Change in Product Sales
(June 2010 vs. July 2010)
Product Percent Change
Positioning Systems/Linear Motion Products -26.0%
Unmounted Bearings -20.3%
Mounted Bearings -11.7%
Gear Products -9.5%
Shaft Couplings -3.8%
Mechanical Drive Systems and Other PT Products -0.1%
Variable Speed Drives 5.1%
Clutches & Brakes 35.6%
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 (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.
www.ptda.org.
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