PTDA members are projecting 10 percent growth on top of the 14 percent average growth expectation for 2010, according to the third quarter results of the Quarterly Business Index released by the Power Transmission Distributors Association (PTDA).
In the third quarter, respondents experienced expansion, albeit at a slightly reduced rate than the second quarter. The overall reading for the third quarter was 74.6, compared to 77.0 in the second quarter. A reading above 50 indicates expansion.
A comparative review of distributor and manufacturer results show that manufacturing expanded at a faster pace than distribution, with a reading of 76.6 for manufacturers vs. 71.2 for distributors.
The table below provides an overview of the results and a breakout reading of the PTDA Business Index by distributor and manufacturer.
Download the full report, including breakout data for the U.S. and Canada, at www.ptda.org