Price/cost/demand roundup

Average Product Prices1 Direct Mfg. Costs2 Growth in U.S. End Markets 3 Change, %, During 12-Mo Ending... and Margins Grade Change, %, During 12-Mo Ending... Industry SIC Jun 99 Sep 99 Costs are...


Average Product Prices1 Direct Mfg. Costs2 Growth in U.S. End Markets 3

Change, %, During 12-Mo Ending... and Margins Grade Change, %, During 12-Mo Ending...

Industry SIC Jun 99 Sep 99 Costs are... Grade Jun 99 Sep 99

Other hand and edge tools 3423 1.21 1.17 Stable A 4.24 5.37

Hand saws and saw blades 3425 -0.01 0.01 Stable A 2.88 3.28

Other hardware 3429 0.48 0.79 Stable A 4.79 5.89

Other power transmission equipment 3568 2.38 2.64 Stable A 0.08 -0.71

Conveyors and conveying equipment 3535 1.76 1.80 Stable A 4.84 1.74

Hoists, cranes, and monorails 3536 2.37 2.17 Stable A 5.33 3.74

Industrial trucks and tractors 3537 0.38 0.13 Stable D 6.28 3.30

Metal-cutting machine tools 3541 1.11 0.67 Stable A 6.54 6.57

Machine tool accessories 3545 1.40 1.11 Stable C 5.94 6.48

Power driven hand tools 3546 0.87 0.94 Stable B 3.08 3.35

Welding apparatus 3548 1.58 1.50 Rising A 3.37 4.13

Pumps and pumping equipment 3561 2.09 1.95 Stable A 1.69 1.41

Air and gas compressors 3563 1.55 1.50 Stable A 1.69 1.41

Speed changers, drives, and gears 3566 2.01 2.00 Stable A 0.08 -0.71

Transformers 3612 0.63 0.37 Stable B 16.85 17.74

Motors and generators 3621 0.58 0.39 Stable C 18.87 18.59

Process control instruments 3823 1.47 1.17 Stable A 6.92 6.70

Fluid meters and counting devices 3824 -1.42 0.25 Stable F 6.92 6.70

Instruments to measure electricity 3825 -0.97 -1.00 Stable D 18.93 20.18

1 Average product price changes are calculated from the producer price index for each 4-digit SIC (standard industrial classification) industry from the U.S. Bureau of Labor Statistics.

2 Analyses of each industry's direct manufacturing cost changes are from Thinking Cap Solutions, Inc.'s proprietary Industry Cost Escalation (ICE) model. The "grade" indicates that recent price/cost changes have produced record high (A+) margins to average margins (C) to record low (F-) margins for the average producer in an industry. Grades of A to A+ mean plant engineers may be able to strike a better bargain with suppliers and better control plant costs.

3 Growth in U.S. end markets data are from the ICE model and are estimates of output for the domestic end markets which purchase a given industry's products.

All data prepared and presented by Thinking Cap Solutions, Inc., Port Angeles, WA (telephone: 360-452-6159; e-mail:

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