Power transmission, motion control sales continue upward trend
U.S. distributors’ sales of power transmission and motion control products continued to increase with a 2.2% growth from May to June
The Power Transmission Distributors Association (PTDA) this week released June 2007 month-end trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products. Following last month’s jump in sales, U.S. distributors’ sales of PT/MC products continued to increase with a 2.2% growth from May to June.
Year-to-year comparisons remain positive with sales in June 2007 coming in 4.7% higher than in June 2006. Accounts receivable collection days continue to decline, dropping 1.4% when compared to May. The June 2007 confidence index for U.S. distributors remained unchanged for the fourth month in a row, coming in at 6.6 on a 10-point scale.
U.S. manufacturers’ sales continued to increase, gaining 5.0% from May to June 2007.
Between May and June 2007, U.S. manufacturers experienced an overall positive change in sales in several product categories, while their Canadian counterparts experienced decreasing sales in the majority of product categories. For U.S. manufacturers, only two product categories %%MDASSML%% positioning systems/linear motion products and mechanical drives systems and other PT products %%MDASSML%% experienced a decrease in sales. Canadian manufacturers experienced growth in four out of nine product categories: standard industrial motors, positioning systems/linear motion products, gear products and mechanical drives systems & other PT products.
More information is available at www.ptda.org .
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
- Survey Prize Winners
- CFE Edu
Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey