The 2020 Mid-Year Economic Update_long

PT/MC Product Sales Rise Nearly 10% in August

U.S. distributors'sales of Power Transmission/Motion Control products continue to fluctuate, rising 9.9% from July to August after a 7% drop in sales the prior month, according to recent Power Transmission Distributors Association month-end trend data. Year-to-year comparisons remain positive with sales in August 2007 coming in 6.0% higher than in August 2006.
&nbsp ;
Accounts receivable collection days were down 5.5% over July 2007. The August 2007 confidence index for U.S. distributors remained unchanged for the sixth month in a row at 6.6 (on a 10-point scale).
&nbsp ;
Canadian distributors'sales in PT/MC products were also up, increasing 1.5% from July to August 2007. Year-to-year comparisons continued to rise, gaining 1.1% over sales in August of 2006. Account ...

U.S. distributors’sales of Power Transmission/Motion Control products continue to fluctuate, rising 9.9% from July to August after a 7% drop in sales the prior month, according to recent Power Transmission Distributors Association month-end trend data. Year-to-year comparisons remain positive with sales in August 2007 coming in 6.0% higher than in August 2006.
&nbsp ;
Accounts receivable collection days were down 5.5% over July 2007. The August 2007 confidence index for U.S. distributors remained unchanged for the sixth month in a row at 6.6 (on a 10-point scale).
&nbsp ;
Canadian distributors’sales in PT/MC products were also up, increasing 1.5% from July to August 2007. Year-to-year comparisons continued to rise, gaining 1.1% over sales in August of 2006. Account receivables collection days continue to decline, dropping 4.7% over July 2007. After last month’s dip, the confidence level of Canadian distributors increased 0.6 points to 5.3. (on a 10-point scale)
&nbsp ;
U.S. manufacturers’sales reversed last month’s decline, jumping 10.1% from July to August 2007. Sales growth over the same period last year was also up 8.1%. The confidence level of U.S. manufacturers’remained flat at 5.5 (on a 10-point scale) from July to August 2007.
&nbsp ;
Mirroring their U.S. counterparts, Canadian manufacturers’month-to-month sales rose 5.8 percent in August after a drop in sales the month before. Year-to-year sales growth continued to increase with a 1.7% increase over August 2006. The confidence level of Canadian manufactures also remained flat at 5.2 on a 10-point scale.
&nbsp ;
Between July and August 2007, U.S. manufacturers experienced an overall increase in sales with only one product category & mdash; standard industrial motors & mdash; experiencing a decrease in sales. Canadian manufacturers experienced an overall decline in sales with only three product categories showing an increase in sales & mdash; unmounted bearings, variable speed drives and gear products.
&nbsp ;
The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report is available by annual subscription via e-mail or mail by contacting
1.312.516.2100 or may be ordered online at www.ptda.org/store; PTDA members may download the report at no charge.

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.
Social Media Auto Publish Powered By : XYZScripts.com