U.S., Canadian PT/MC Sales Drop in July

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September 21, 2007

U.S., Canadian PT/MC Sales Drop in July

Power Transmission Distributors Association today released July 2007 month-end trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.

U.S. distributors’ sales of PT/MC products dropped 7.0 percent from June to July after a rise in sales for the past two months. Year-to-year comparisons remain positive for the first half of this year with sales in July 2007 coming in 11.0 percent higher than in July 2006. Accounts receivable collection days rose 2.7 percent over June 2007. The July 2007confidence index for U.S. distributors remained unchanged for the fifth month in a row at 6.6 (on a 10-point scale).

Canadian distributors’ sales in PT/MC products continue to fall, dropping 9.0 percent from June to July 2007. Year-to-year comparisons indicate a 7.7 percent increase over sales in July of 2006. Account receivables collection days continue to decline, dropping 7.4 percent over June 2007. Reflecting the trends in sales, the confidence level of Canadian distributors experienced its most significant decrease this year, dropping 1.3 points to 4.7 (on a 10-point scale)

U.S. manufacturers’ sales were down 7.1 percent in July 2007 after a rise in sales the past two months. Sales growth over the same period last year was up 13.9 percent. The confidence level of U.S. manufacturers’ continues to fluctuate between 5.3 and 5.5, increasing 0.2 points to 5.5 (on a 10-point scale) from June to July 2007.

Canadian manufacturers’ month-to-month sales continued to decrease, dropping 6.4 percent from June to July. Year-to-year sales growth continued to increase with a 15.5 percent jump over July 2006. The confidence level of Canadian manufactures remains at 5.2 on a 10-point scale.

Between June and July 2007, U.S. and Canadian manufacturers experienced an overall decrease in sales in majority of product categories. For U.S. manufacturers, only two product categories —standard industrial motors and variable speed drives — experienced an increase in sales. Canadian manufacturers experienced growth in three product categories — standard industrial motors, shaft couplings and clutches & brakes.

The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes month-to-month and year-to-year changes in sales, inventory and accounts receivables data for U.S. and Canadian distributors as well as a general confidence index. U.S. and Canadian manufacturer data includes a confidence index, as well as sales and order trends for mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, clutches and breaks, shaft couplings and mechanical drive systems and other PT products.

The report is available by annual subscription via e-mail or mail by contacting 1.312.516.2100 or June be ordered online at www.ptda.org/store; PTDA members June download the report at no charge through the PTDA web site at www.ptda.org/MOR.

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