Power transmission sales are still up year to year in U.S. and Canada
Sales of power transmission/motion control (PT/MC) products by U.S. manufacturers dropped in July by 1.3 percent compared to June and Canadian manufacturers’ sales dropped by 12.3 percent according to July 2010 sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
Although sales dropped in July, sales year-to-date are still ahead of the same period in 2009. In the U.S., year-to-date sales are up 7.6 percent over the same period in 2009. In Canada, sales are 10.3 percent ahead of 2009.
For the third consecutive month, confidence in the market by U.S. manufacturers holds a neutral position of 5.0, while Canadian manufacturers’ confidence dropped from 5.2 back to 4.9 from 5.1 on a scale of 1 (very pessimistic) to 10 (outstanding).
Month-to-month sales for product categories between June 2010 and July 2010 for U.S. and Canadian manufacturers are reported below.
The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes U.S. and Canadian manufacturer data for sales and order trends for mounted bearings, unmounted bearings, standard industrial motors (U.S. only), variable speed drives, positioning systems/linear motion products, gear products, clutches and brakes, shaft couplings and mechanical drive systems and other PT products.