Power transmission products demand jumps
August sales figures from the PTDA show 11% jump in August
Susan Avery -- Purchasing, 10/14/2009 1:17:02 PM
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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