August sales figures from the PTDA show 11% jump in August
Susan Avery -- Purchasing, 10/14/2009 1:17:02 PM
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MicrosoftInternetExplorer4
U.S.
manufacturers of power transmission products saw an increase in sales,
according to data released by the Power Transmission Distributors Association
(PTDA) in Chicago. U.S. manufacturers' sales rose by
10.7% in August when compared to July. Sales in August are down 30.6% compared
to the same period last year. Orders in August increased by 10.4% over July
orders.
Product-by-product sales between July 2009 and August 2009
reflect the change in sales experienced by U.S. 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.
U.S.
confidence is holding at a current negative position of 4.7 for the second
consecutive month. PTDA measures confidence on a scale of 1 to 10, with 10
being most optimistic.
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