Power Transmission/Motion Control Industry Tempers Year-End Outlook

  Enquiry / contact me

First quarter business index at 63.6

Power Transmission/Motion Control Industry Tempers Year-End Outlook
Power Transmission/Motion Control Industry Tempers Year-End Outlook

The PTDA Business Index for 1Q2014 indicates continued growth in the power transmission/motion control market but tempered expectations for year-end 2014. This quarterly survey of PTDA's distributor and manufacturer members continues to point to growth, with the 1Q2014 Business Index at 63.6, up from the 4Q2013 reading of 60.2. However, when asked about their outlook for the entire year, survey participants lowered their expectations from 7% growth to 6% growth, suggesting expectations of weakness later in the year.

The entire 1Q2014 PTDA Business Index report is available through PTDA's website at www.ptda.org/index. It includes distributor and manufacturer breakout data in addition to historical data. The PTDA Business Index is modeled after the widely respected Purchasing Managers Index and tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices and backlog in the PT/MC industry to arrive at an overall index.

Posted on May 16, 2014 - (60 views)
by
Related articles
Sensors & Instrumentation Live from 25 to 26 September 2019
Filters and Filter Fans for Outdoor
Ultrasonic Air Flowmeter for Compression Applications
Enhance your Productivity
Partner Program Helps Choose the Right Product
Sensing Technology for Process and Control
Cloud for Pressure Measurement
Constant Force Springs
Float-type Level Switches
Thermocouple Cables