U.S. and Canadian manufacturers’ sales increased for the second consecutive month in February.
U.S. manufacturers posted an increase of 14.1 percent and Canadian manufacturers’ sales rose by 5.6 percent according to sales data released by the Power Transmission Distributors Association (PTDA) in its Market Outlook Report.
For U.S. manufacturers, sales comparisons between February 2010 and February 2009 still reflect sales declines. U.S. manufacturers’ year-to-date sales are down 9.0 percent compared to sales at this time last year. Canadian manufacturers’ year-to-year sales rose by 0.3 percent for the same period.
U.S. manufacturers’ confidence maintained a neutral position of 5.0 on a scale of 1 (very pessimistic) to 10 (outstanding). Canadian manufacturers’ confidence rose to 4.8 from 4.6 in February.
Month-to-month sales for product categories between January 2010 and February 2010 for U.S. and Canadian manufacturers are reported below.
U.S. Manufacturer Percent Change in Product Sales
(January 2010 vs. February 2010)
|
Product |
Percent Change |
|
Variable Speed Drives |
-21.0% |
|
Mechanical Drive Systems and Other PT Products |
5.5% |
|
Clutches & Brakes |
11.1% |
|
Positioning Systems/Linear Motion Products |
12.6% |
|
Standard Industrial Motors |
14.8% |
|
Shaft Couplings |
15.1% |
|
Mounted Bearings |
16.9% |
|
Gear Products |
17.1% |
|
Unmounted Bearings |
17.4% |
Canadian Manufacturer Percent Change in Product Sales
(January 2010 vs. February 2010)
|
Product |
Percent Change |
|
Variable Speed Drives |
-36.2% |
|
Shaft Couplings |
-30.2% |
|
Gear Products |
-6.7% |
|
Mounted Bearings |
7.4% |
|
Unmounted Bearings |
9.3% |
|
Mechanical Drive Systems and Other PT Products |
18.7% |
|
Clutches & Brakes |
24.7% |
|
Positioning Systems/Linear Motion Products |
31.5% |
The Market Outlook Report is published monthly by the Power Transmission Distributors Association. The full report includes U.S. and Canadian manufacturer data for sales and order trends for mounted bearings, unmounted bearings, standard industrial motors (U.S. only), variable speed drives, positioning systems/linear motion products, gear products, clutches and brakes, shaft couplings and mechanical drive systems and other PT products