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Fluid Power Industry Growth Trend

Manufacturing Group | December 12, 2013

Industry shipments of fluid power products for October 2013 increased 1.7% compared to October 2012.

The latest data published by the National Fluid Power Association (NFPA) shows industry shipments of fluid power products for October 2013 increased 1.7% compared to October 2012, and increased 7.2% compared to last month. Mobile hydraulic and industrial hydraulic shipments decreased, while pneumatic shipments increased in October 2013 when compared to October 2012. Mobile hydraulic, industrial hydraulic and pneumatic shipments increased when compared to last month. These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve. Contact NFPA at 414-778-3344 for more info.

Plan Your Next Move
NFPA’s industry reports, outlook surveys, forecasts, and data sources allow our members to understand trends and anticipate change with a variety of trend graphs and data analysis for fluid power products, customer markets, and economic indicators. Find out how to become part of NFPA by calling Leslie Miller at 414-778-3369, or email at lmiller@nfpa.com.

Source: NFPA

 

 

 

 

 

 

 

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