NFPA Releases Latest Industry Shipment Figures

NFPA Releases Latest Industry Shipment Figures

The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for July 2014 increased 10.4% compared to June 2013, and remained the same when compared to last month. Industrial hydraulic, mobile hydraulic and pneumatic shipments increased in June 2014 when compared to June 2013. Pneumatic shipments increased, while mobile hydraulic and industrial hydraulic shipments decreased 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.

Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. Each point can be read as a percentage. For example, 102.6 (the June 2014 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from July 2013 to June 2014 were 102.6% of the orders received from July 2012 to June 2013. (Base Year 2013 = 100)

This graph of 12‐month moving averages shows that in July 2014, both hydraulic shipments and pneumatic shipments increased. (Base Year 2013 = 100)

The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2014 and the total for the same months in 2013. For example, the June pneumatic shipments figure of 5.6 means that for the calendar year through June 2014, pneumatic shipments increased 5.6% compared to the same time period in 2013. (Base Year 2013 = 100)

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