Sales of PT products are up 11.9 percent this year compared to 2009
Sales of power transmission/motion control (PT/MC) products by U.S. and Canadian manufacturers grew for the second consecutive month in September. U.S. sales were up 1.4 percent and Canadian manufacturers’ sales rose 10.4 percent according to September 2010 sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
In the U.S., year-to-date sales are up 11.9 percent over the same period in 2009. In Canada, sales are 13.0 percent ahead of 2009.
Confidence in the market by U.S. manufacturers rose from 4.8 in August to 4.9 on a scale of 1 (very pessimistic) to 10 (outstanding). Canadian manufacturers’ confidence decreased slightly from 5.2 in August to 5.1.
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.
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