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| PTDA Report Market Outlook | ||||||||||
Distributor’s and Manufacturers’ Month-to-Month Sales Drop According to PTDA’s July Market Outlook Report Data. The Power Transmission Distributors Association, PTDA, is the leading trade association for the industrial power transmission/motion control distribution channel in the USA. | ||||||||||
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Following a decline in last month’s sales, Canadian distributors’sales in PT/MC products continue to decrease, falling 9.0 percent from June to July 2007. Year-to-year comparisons went up with a 7.7 percent increase over sales in July of 2006. Account receivables collection days continue to decline, dropping 7.7 percent over June 2007. Reflecting the trends, the confidence level of Canadian distributors experienced its most significant decrease this year, dropping 1.3 points to 4.7 (on a 10-point scale) U.S. manufacturers’ sales were down 7.1 percent in July 2007 after a rise in sales the past two months. Sales growth over the same period last year was also up 13.9 percent. The confidence level of U.S. manufacturers’continues to fluctuate between 5.3 and 5.5, increasing 0.2 points to 5.5 (on a 10-point scale) from June to July 2007. Canadian manufacturers’ month-to-month sales continued to decrease, dropping 6.4 percent from June to July. Year-to-year sales growth continued to increase with a 15.5 percent jump over July 2006. The confidence level of Canadian manufactures remains at 5.5 on a 10-point scale. Between June and July 2007, U.S. and Canadian manufacturers experienced an overall decrease in sales in majority of product categories. For U.S. manufacturers, only two product categories -standard industrial motors and variable speed drives, - experienced an increase in sales. Canadian manufacturers experienced growth in three product categories - standard industrial motors, shaft couplings and clutches & brakes. | ||||||||||
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