The 2020 Mid-Year Economic Update_long

Nov. Power Transmission/Motion Control Sales Up 10.7% YTD


In November, U.S. distributors' year-to-date sales of power transmission/motion control products climbed 10.7% as compared to sales for January through November 2005, according to the latest November trend data released by the Power Transmission Distributors Association. Sales fell 3.6% over the previous month and were up 7.8% as compared to November 2005.


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Days sales in accounts receivables rose 1.3% as compared to October 2006 and increased 2.9% as compared to the same month last year.&nbsp ; Annualized sales to inventory ratio in November was 8.3, compared to 7.9 in 2005.


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For November, the confidence level of U.S. distributors decreased to 6.2 from 6.3 in October on a 10-point scale.


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Canadian distributors' ...

In November, U.S. distributors’ year-to-date sales of power transmission/motion control products climbed 10.7% as compared to sales for January through November 2005, according to the latest November trend data released by the Power Transmission Distributors Association. Sales fell 3.6% over the previous month and were up 7.8% as compared to November 2005.


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Days sales in accounts receivables rose 1.3% as compared to October 2006 and increased 2.9% as compared to the same month last year.&nbsp ; Annualized sales to inventory ratio in November was 8.3, compared to 7.9 in 2005.


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For November, the confidence level of U.S. distributors decreased to 6.2 from 6.3 in October on a 10-point scale.


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Canadian distributors’ year-to-date sales of PT/MC products grew 9.0% as compared to sales for January through November 2005.&nbsp ; Sales were up 3.8% over the previous month and gained 9.8% as compared to November 2005.&nbsp ;


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Days sales in accounts receivables were down 3.9% from October 2006 and increased 1.2% as compared to the same month last year.&nbsp ; Annualized sales to inventory ratio in November remained flat at 7.9 compared to November 2005.


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For November, the confidence level of Canadian distributors remained flat at 6.0 on a 10-point scale.


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In November, U.S. manufacturers’ year-to-date sales of PT/MC products rose 8.0% as compared to sales for January through November 2005.&nbsp ; Sales fell 6.3% over the previous month and were up 6.5% as compared to November 2005.&nbsp ; As compared to October, sales of clutches and brakes increased. Sales of mounted bearings, unmounted bearings, standard industrial motors, variable speed drives, positioning systems/linear motion products, gear products, shaft couplings, mechanical drive systems and other PT products decreased.&nbsp ;


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Year-to-date orders of PT/MC products from U.S. manufacturers gained 4.3% as compared to the same period in 2005.&nbsp ; November orders dropped 11.2% from October, and shrunk 8.4% as compared to November 2005.&nbsp ; Annualized sales to inventory ratio in November was 10.0, compared to 10.6 in 2005.


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For November, the confidence level of U.S. manufacturers remained flat at 5.4 on a 10-point scale.


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Canadian manufacturers’ year-to-date sales of PT/MC products increased 0.7% as compared to sales for January through November in 2005.&nbsp ; Sales decreased 2.7% over the previous month and were down 6.0% as compared to November 2005.&nbsp ; As compared to October, sales of mounted bearings, variable speed drives, positioning systems/linear motion products, clutches and brakes, shaft couplings, and mechanical drive systems and other PT products increased.&nbsp ; Sales of unmounted bearings, standard industrial motors and gear products decreased.&nbsp ;


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Annualized sales to inventory ratio in November was 8.0, compared to 7.7 in November 2005.


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For November, the confidence level of Canadian manufacturers declined to 5.1 from 5.2 in October on a 10-point scale.


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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, and shaft couplings, and mechanical drive systems and other PT products.


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The report is available online at the PTDA store .


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