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In The News:

PTDA Business Index Indicates Sales Growth in 1Q12

The PTDA Business Index indicated 1Q2012 was the eighth consecutive quarter for business growth among Power Transmission Distributors Association members, with a reading of 75.4.

Compared with a reading of 67.3 for 4Q2011, the recently released first-quarter results indicate the power transmission/motion control industry is expanding at a faster pace than before. Both distributors and manufacturers saw strong growth in 1Q12.

(Note:The index reading indicates the rate of change compared with the previous period. For example, a reading of 50 indicates no change from the prior period while readings above 50 indicate growth and below 50 indicate contraction. The further the index is above or below 50 suggests a faster or slower rate of change.)

The table below provides an overview of the results from the 1Q2012 index and a comparison with 4Q2011. 

PTDA  Quarterly Business Index

 

4Q2011

1Q2012

Business Activity

68.6

83.7

New Orders

72.8

80.8

Employment

65.9

74.4

Supplier Deliveries

61.9

62.5

Inventories

64.7

69.8

Prices

83.7

87.2

Backlog

55.8

66.3

Overall PTDA Index

67.3

75.4

PTDA members participating in the Business Index expect 2012 to be another year of growth with an average forecast of 11 percent, up from 9 percent in the 4Q11 survey.

The PTDA Business Index full report is available through PTDA’s website at www.ptda.org/BusinessIndex.

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