Power Transmission Distributors Association today released July 2007 month-end trend data for distributors and manufacturers of power transmission/motion control (PT/MC) products.
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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.&nbsp ; 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.&nbsp ; Accounts receivable collection days rose 2.7 percent over June 2007.&nbsp ; 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).
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Canadian distributors’sales in PT/MC products continue to fall, dropping 9.0 percent from June to July 2007.&nbsp ; Year-to-year comparisons indicate a 7.7 percent increase over sales in July of 2006.&nbsp ; Account receivables collection days continue to decline, dropping 7.4 percent over June 2007.&nbsp ; 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)
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U.S. manufacturers’sales were down 7.1 percent in July 2007 after a rise in sales the past two months.&nbsp ; Sales growth over the same period last year was up 13.9 percent.&nbsp ; 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.
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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.&nbsp ; The confidence level of Canadian manufactures remains at 5.2 on a 10-point scale.
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Between June and July 2007, U.S. and Canadian manufacturers experienced an overall decrease in sales in majority of product categories.&nbsp ; For U.S. manufacturers, only two product categories & mdash; standard industrial motors and variable speed drives & mdash; experienced an increase in sales.&nbsp ; Canadian manufacturers experienced growth in three product categories & mdash; standard industrial motors, shaft couplings and clutches & brakes.
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The Market Outlook Report is published monthly by the Power Transmission Distributors Association.&nbsp ; 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.&nbsp ; 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.&nbsp ;
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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.