Canadian PT/MC markets on the rise again
Chicago, IL -- Canadian manufacturers experienced an increase in sales while U.S. manufacturers had a drop in ...
Chicago, IL — Canadian manufacturers experienced an increase in sales while U.S. manufacturers had a drop in sales in June 2009, according to sales data released by the Power Transmission Distributors Association (PTDA).
Confidence in the Canadian market (as measured on a scale of 1 to 10 with 10 being most optimistic) rose slightly by 0.1% from last month to 4.4, while U.S. confidence is holding at a current negative position of 4.8 for the third consecutive month.
U.S. manufacturers’ sales fell by 2.8% in June 2009 when compared to May 2009. Sales in June 2009 fell 32.9% compared to the same period last year. Orders in June 2009 decreased by 5.3% over May 2009 orders.
Canadian manufacturers’ sales increased 7.6% compared to May 2009. Sales were down 25.5% when compared to the same period last year.
Product-by-product sales between May 2009 and June 2009 reflect the change in sales experienced by U.S. and Canadian manufacturers. Three of nine product categories for U.S. manufacturers — gear products, standard industrial motors, and mechanical drive systems and other PT products — posted sales gains. For Canadian manufacturers, five product categories posted sales gains — mounted bearings, gear products, standard industrial motors, variable speed drives, and mechanical drive systems and other PT.
The Market Outlook Report is published monthly by the PTDA. The full report includes U.S. 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.
Year-end data for 2007 and 2008 is available in a complete report. The monthly data is available by subscription via e-mail or mail. To purchase the year-end data or to begin a subscription to the monthly data, order online at www.ptda.org/store or call PTDA at 312-516-2100.