MRO Magazine

PT market jumps more than 10% in November over previous month

Chicago, IL-- November 2005 was a good month for distributors and manufacturers of power transmission/motion contro...


Industry

January 12, 2005
By MRO Magazine

Chicago, IL– November 2005 was a good month for distributors and manufacturers of power transmission/motion control (PT/MC) products, according to the latest trend data from the Power Transmission Distributors Association (PTDA).

Canadian distributors’ year-to-date sales of PT/MC products increased 9.7% as compared to sales for January through November 2003. Sales rose 13.0% over the previous month and climbed 19.8% as compared to November 2003.

Days sales in accounts receivables decreased 11.8% over October 2004 and fell 13.6% as compared to the same month last year. Annualized sales to inventory ratio in November was 8.1, compared to 7.3 in 2003.

For November, the confidence level of Canadian distributors remained flat at 6.5 on a 10-point scale.

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In November, U.S. distributors’ year-to-date sales of PT/MC products increased 11.5% as compared to sales for January through November 2003. Sales decreased 2.7% over the previous month and climbed 18.4% as compared to November 2003.

Days sales in accounts receivables decreased 4.5% as compared to October 2004 and declined 5.6% as compared to the same month last year. Annualized sales to inventory ratio in November was 7.9, compared to 7.2 in 2003.

For November, the confidence level of U.S. distributors remained flat at 6.7 on a 10-point scale.

Canadian manufacturers’ sales of PT/MC products increased 5.3% as compared to sales for January through November in 2003. Sales grew 11.4% over the previous month and climbed 11.9% as compared to November 2003. As compared to October, sales of mounted bearings, unmounted bearings, gear products, mechanical drive systems and other PT products, clutches and brakes, and shaft couplings increased. Sales of variable speed drives decreased.

For November, the confidence level of Canadian manufacturers rose to 5.6 on a 10-point scale.

In November, U.S. manufacturers’ sales of PT/MC products increased 10.4% as compared to sales for January through November 2003. Sales decreased 0.7% over the previous month and rose 14.1% as compared to November 2003. As compared to October, sales of mounted bearings, standard industrial motors and variable speed drives increased. Sales of unmounted bearings, positioning systems/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 rose 13.6% as compared to 2003. November orders increased 8.9% over October and climbed 25.1% as compared to November 2003. Annualized sales to inventory ratio in November was 9.9, compared to 10.1 in 2003.

For November, the confidence level of U.S. manufacturers remained flat at 5.8 on a 10-point scale.

The Market Outlook 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/store.