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Canadian PT sales jump in January

Chicago, IL -- Mar. 18, 2003 -- The Power Transmission Distributors Association (PTDA) has released the January tre...


Chicago, IL — Mar. 18, 2003 — The Power Transmission Distributors Association (PTDA) has released the January trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

<b>Distributor’s results</b>

Canadian distributors’ sales of PT/MC products gained 15.9% over the previous month and increased 11.7% as compared to January 2002. For December, the confidence level of Canadian distributors dropped to 5.5 from 5.7 the previous month on a 10-point scale.

U.S. distributors’ sales of PT/MC products rose 7.1% over the previous month and also increased 1.7% as compared to January 2002. For January, the confidence level of U.S. distributors fell to 4.6 from 5.0 the previous month.

<b>Manufacturer’s results</b>

Canadian manufacturers’ sales of PT/MC products grew 1.7% over the previous month and gained 1.5% as compared to January 2002. As compared to December, sales of unmounted bearings, gear products, and shaft couplings were up. Sales of mounted bearings, variable speed drives, mechanical drive systems and other PT products, and clutches and brakes declined.

For January, the confidence level of Canadian manufacturers dropped to 4.8 from 5.2 the previous month.

Overall, U.S. manufacturers’ sales of PT/MC products decreased 10.8% over the previous month and were down 9.8% as compared to January 2002. As compared to December, sales of standard industrial motors, variable speed drives, positioning systems/linear motion products, and gear products were up. Sales mounted bearings, unmounted bearings, mechanical drives systems and other PT products, clutches and brakes, and shaft couplings dropped.

Total orders of PT/MC products from U.S. manufacturers fell 3.4% over December and decreased 7.8% as compared to January 2002. For January, the confidence level of U.S. manufacturers remained flat at 5.2.

The full Market Outlook Report, published monthly by the PTDA, is available by annual subscription via e-mail or mail by contacting the association at 312-876-9461, or it can be ordered online at www.ptda.org/catalog.