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PT/MC Distributor Sales Up in September

November 11, 2008
U.S. distributors'overall sales of PT/MC products rose 7.9 percent in September 2008 compared to August 2008, according to the latest month-end trend report from the Power Transmission Distributors Association. When matched up against sales in the same month last year, sales in September 2008 were also up by 13.0 percent. 
 
Accounts receivable collection days dropped 3.7 percent since August 2008. The confidence index of U.S. distributors for September dropped 0.4 to 5.2 (on a 10-point scale).
 
Canadian distributors reported a 19.1 percent jump in sales in September 2008 compared to August 2008. Sales over the same period last year were up 11.2 percent. Accounts receivable collection days fell 7.1 percent compared to August 2008. In ...
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U.S. distributors'overall sales of PT/MC products rose 7.9 percent in September 2008 compared to August 2008, according to the latest month-end trend report from the Power Transmission Distributors Association. When matched up against sales in the same month last year, sales in September 2008 were also up by 13.0 percent. 
 
Accounts receivable collection days dropped 3.7 percent since August 2008. The confidence index of U.S. distributors for September dropped 0.4 to 5.2 (on a 10-point scale).
 
Canadian distributors reported a 19.1 percent jump in sales in September 2008 compared to August 2008. Sales over the same period last year were up 11.2 percent. Accounts receivable collection days fell 7.1 percent compared to August 2008. In September 2008, the confidence level of Canadian distributors remained steady at 5.3 (on a 10-point scale).
 
U.S. manufacturers'sales rose 2.2 percent in September 2008 when compared to August 2008. Sales in September 2008 increased 12.9 percent compared to the same period last year. Orders in September 2008 were up 1.8 percent over August 2008, the first positive growth since May 2008. The confidence level of U.S. manufacturers fell 0.1 to 5.1 (on a 10-point scale).
 
Canadian manufacturers'sales increased dramatically by 21.1 percent in September 2008 compared to August 2008. Sales were up 3.8 percent when compared to the same period last year. The confidence level of Canadian manufacturers decreased 0.3 to 4.7 (on a 10-point scale) from August to September 2008. 
 
Product-by-product sales between August 2008 and September 2008 reflect the change in sales experienced by U.S. and Canadian manufacturers. All but four product categories for U.S. manufacturers—clutches &brakes, positioning systems/linear motion products, shaft couplings and variable speed drives—posted increases in sales. For Canadian manufacturers, only two product categories posted a decrease in sales—positioning systems/linear motion products and clutches &brakes.
 
The Market Outlook Report is published monthly by the Power Transmission Distributors Association. To purchase the year-end data or to begin a subscription to the monthly data, order online at www.ptda.org/store or call PTDA at +1.312.516.2100.  PTDA members may download the report at no charge through the PTDA Web site at www.ptda.org/MOR.
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