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Power transmission market was on the upswing in April

Chicago, IL -- The Power Transmission Distributors Association (PTDA) has released its April 2006 trend data for di...


Chicago, IL — The Power Transmission Distributors Association (PTDA) has released its April 2006 trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

Canadian distributors’ year-to-date sales of PT/MC products grew 8.2% as compared to sales for January through April 2005. Sales fell 10.0% over the previous month and decreased 0.8% as compared to April 2005.

Days sales in accounts receivables increased 11.6% over March 2006 and went up 9.8% as compared to the same month last year. Annualized sales to inventory ratio in April was 7.7, compared to 7.9 in 2005.

For April, the confidence level of Canadian distributors remained flat at 6.8 on a 10-point scale.

In April, U.S. distributors’ year-to-date sales of PT/MC products rose 10.1% as compared to sales for January through April 2005. Sales decreased 9.5% over the previous month and were up 5.3% as compared to April 2005.

Days sales in accounts receivables increased 8.4% as compared over March 2006 and went up 1.8% as compared to the same month last year. Annualized sales to inventory ratio in April was 8.9, compared to 9.3 in 2005.

For April, the confidence level of U.S. distributors declined to 6.7 from 7.3 in March on a 10-point scale.

Canadian manufacturers’ year-to-date sales of PT/MC products increased 3.4% as compared to sales for January through April in 2005. Sales fell 13.2% over the previous month and decreased 3.7% as compared to April 2005. As compared to March, sales of standard industrial motors, positioning systems/linear motion products, and shaft couplings increased. Sales of mounted bearings, unmounted bearings, variable speed drives, gear products, mechanical drive systems and other PT products, and clutches and brakes decreased.

Annualized sales to inventory ratio in April was 7.0, compared to 7.8 in 2005.

For April, the confidence level of Canadian manufacturers fell to 5.0 from 5.1 in March on a 10-point scale.

In April, U.S. manufacturers’ year-to-date sales of PT/MC products rose 7.4% as compared to sales for January through April 2005. Sales were down 12.3% over the previous month and decreased 0.3% as compared to April 2005. As compared to March, sales of standard industrial motors increased. Sales of mounted bearings, unmounted bearings, variable speed drives, positioning system/linear motion products, gear products, mechanical drive systems and other PT products, clutches and brakes, and shaft couplings decreased.

Year-to-date orders of PT/MC products from U.S. manufacturers grew 8.9% as compared to 2005. April orders decreased 0.7% over March, but were up 7.3% as compared to April 2005. Annualized sales to inventory ratio in April was 9.2, compared to 9.9 in 2005.

For April, the confidence level of U.S. manufacturers fell to 5.6 from 5.7 in March on a 10-point scale.

The Market Outlook Report is published monthly and is available from PTDA at 312-516-2100 or www.ptda.org/store.