Canadian and US PT/MC manufacturers’ sales a mixed bag according to PTDA’s May 2009 Market Outlook Report
Chicago, IL — Canadian manufacturers experienced another drop in sales while US manufacturers experienced a slight increase in May 2009, according to the latest sales data released by the Power Transmission Distributors Association (PTDA).
Confidence in the market (as measured on a scale of 1 to 10 with 10 being most optimistic) remained the same this month, holding a current negative position between 4.3 and 4.8.
US manufacturers’ sales rose slightly by 0.3% in May 2009 when compared to April 2009. Sales in May 2009 fell 26.5% compared to the same period last year. Orders in May 2009 decreased by 2.8% over April 2009 orders.
Canadian manufacturers’ sales were down 6.9% compared to April 2009. Sales were down 29.4% when compared to the same period last year.
Product-by-product sales between April 2009 and May 2009 reflect the change in sales experienced by US and Canadian manufacturers. Five of nine product categories for US. manufacturers — shaft couplings, unmounted bearings, clutches and brakes, variable speed drives and mounted bearings — posted sales gains. For Canadian manufacturers, five product categories posted sales gains — mounted bearings, unmounted bearings, shaft couplings, variable speed drives, and positioning systems/linear motion products.
The Market Outlook Report is published monthly by the PTDA. The full report includes US and Canadian manufacturer data for sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, clutches and brakes, shaft couplings and mechanical drive systems, and other PT products.
PTDA members can download the report at www.ptda.org/MOR.