PTDA’s August 2009 Market Outlook Report a mixed bag

U.S. manufacturers experienced an increase in sales while Canadian manufacturers had a drop in sales in August 2009 according to sales data released by the Power Transmission Distributors Association (PTDA). Confidence in the Canadian market(as measured on a scale of 1 to 10 with 10 being most optimistic) fell by 0.4 from last month to 4.1 the first drop since February 2009. U.S. confidence is holding at a current negative position of 4.7 for the second consecutive month.

U.S. manufacturers’ sales rose by 10.7 percent in August 2009 when compared to July 2009.  Sales in August 2009 are down 30.6 percent compared to the same period last year.  Orders in August 2009 increased by 10.4 percent over July 2009 orders.

Canadian manufacturers’ sales fell 6.6 percent compared to July 2009.  Sales were down 23.8 percent when compared to the same period last year.

Product-by-product sales between July 2009 and August 2009 reflect the change in sales experienced by U.S. and Canadian manufacturers. Six of nine product categories for U.S. manufacturers—mounted bearings, positioning systems/linear motion products, shaft couplings, standard industrial motors, unmounted bearings and variable speed drives—posted sales gains. For Canadian manufacturers, three product categories posted sales gains—shaft couplings, positioning systems/linear motion products and variable speed drives.

U.S. Manufacturer Percent Change in Product Sales (July 2009 vs. August 2009)

Product	Percent Change
Gear Products	-6.6%
Mechanical Drive Systems and Other PT Products	-4.4%
Clutches & Brakes	-0.5%
Shaft Couplings	2.4%
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