May power transmission product sales suffer in Canada, says PTDA
Chicago, IL -- Sales of power transmission/motion control (PT/MC) products in May 2010 by US manufacturers ros...
Chicago, IL — Sales of power transmission/motion control (PT/MC) products in May 2010 by US manufacturers rose 2.0% over the previous month, while sales by Canadian manufacturers dropped 13.1% in the same period, according to the data released by the Power Transmission Distributors Association (PTDA) in its latest Market Outlook Report.
Comparing May 2010 to May 2009 for US manufacturers, sales were up 13.2%. Canadian manufacturers’ current-month-to-current-month sales were also up but at a slower rate of 5.5%.
Confidence in the market by both US and Canadian manufacturers held relatively neutral positions — 5.0 and 4.9 respectively — on a scale of 1 (very pessimistic) to 10 (outstanding).
The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes US and Canadian manufacturer data for sales and order trends for mounted bearings, unmounted bearings, standard industrial motors (US only), variable speed drives, positioning systems/linear motion products, gear products, clutches and brakes, shaft couplings and mechanical drive systems and other PT products. The monthly data is available by subscription via e-mail or mail.
For more information, visit www.ptda.org/store or call PTDA at 312-516-2100.