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PT industry sees good sales increases for first five months of year

Chicago, IL -- The Power Transmission Distributors Association (PTDA) has released the May 2004 trend data for dist...


Chicago, IL — The Power Transmission Distributors Association (PTDA) has released the May 2004 trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

In May, U.S. distributors’ year-to-date sales of PT/MC products increased 7.9% as compared to sales for January through May 2003. Sales decreased 7.0% over the previous month and rose 7.9% as compared to May 2003.

For May, the confidence level of U.S. distributors rose to 6.2 on a 10-point scale.

Canadian distributors’ year-to-date sales of PT/MC products increased 6.2% as compared to sales for January through May 2003. Sales decreased 5.6% over the previous month and gained 0.3% as compared to May 2003.

For May, the confidence level of Canadian distributors remained flat at 6.3 on a 10-point scale.

In May, U.S. manufacturers’ sales of PT/MC products increased 7.3% as compared to sales for January through May 2003. Sales went up 0.1% over the previous month and climbed 13.7% as compared to May 2003. As compared to April, sales of unmounted bearings, gear products, and clutches and brakes rose. Sales of mounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, shaft couplings, and mechanical drive systems and other PT products dropped.

Year-to-date orders of PT/MC products from U.S. manufacturers grew 11.6% as compared to 2003. May orders decreased 4.0% over April and climbed 17.9% as compared to May 2003.

For May, the confidence level of U.S. manufacturers increased to 5.7 on a 10-point scale.

Canadian manufacturers’ sales of PT/MC products increased 2.3% as compared to sales for January through May in 2003. Sales decreased 6.8% over the previous month and were down 1.4% as compared to May 2003. As compared to April, sales of gear products and shaft couplings increased. Sales of mounted bearings, unmounted bearings, variable speed drives, mechanical drive systems and other PT products, and clutches and brakes dropped.

For May, the confidence level of Canadian manufacturers fell to 5.4 on a 10-point scale.

The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes month-to-month and year-to-year changes in sales, inventory and accounts receivables data for U.S. and Canadian distributors, as well as a general confidence index. U.S. and Canadian manufacturer data includes a confidence index, as well as sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, gear products, mechanical drive systems and other PT products, clutches and breaks and shaft couplings.

The report is available by annual subscription via e-mail or mail by contacting 312-876-9461 or may be ordered online at www.ptda.org/catalog; PTDA members may download the report at no charge through the Members Only area of the PTDA web site, at www.ptda.org.