NFPA MONTHLY SCOREBOARD
Among all the indicators of the state of the economy, fluid power is unique. Encompassing
the hydraulic technology used in mobile
markets as well as hydraulic and pneumatic systems used in industrial and machine
tool applications, fluid power touches
nearly every segment of the economy as
a whole and can help identify business
trends in advance of many other signals.
The latest data published by the
National Fluid Power Association shows
industry shipments of fluid power products
for November 2013 increased 7.8% compared to November 2012 and decreased
10.7% compared to the previous month.
Mobile hydraulic and pneumatic shipments
increased, while industrial hydraulic shipments decreased in November 2013 when
compared to November 2012.
Mobile hydraulic, industrial hydraulic
and pneumatic shipments decreased
when compared to the earlier month.
Each point on this graph represents the most recent 12 months of orders compared to the previous 12
months of orders. Each point can be read as a percentage. For example, 91. 8 (the October 2013 level of the
industrial hydraulic series) indicates that industrial hydraulic orders received from November 2012 to October
2013 were 91.8% of the orders received from November 2011 to October 2012 (Base Year 2008 = 100).
This graph of 12-month moving averages shows that in November 2013, pneumatic shipments
remained unchanged and hydraulic shipments increased (Base Year 2008 = 100).
The table above is expressed in terms of cumulative percent changes. These changes refer to the
percent difference between the relevant cumulative
total for 2013 and the total for the same months in
2012. For example, the October pneumatic shipments figure of - 1. 6 means that for the calendar
year through October 2013, pneumatic shipments
were down 1.6% compared to the same time period
in 2012 (Base Year 2008 = 100).
This information is drawn from data collected
Total Fluid Power
from more than 80 manufacturers of fluid power
products by NFPA’s Confidential Shipment
Statistics (CSS) program.
More information is available to NFPA
members. For information on membership,
contact Leslie Miller at email@example.com or
contact NFPA at (414) 778-3344.
Aug- 13 - 6. 9
Sep- 13 - 5. 9
Oct- 13 - 5. 1
Aug- 13 - 8. 8
Sep- 13 - 7. 9
Oct- 13 - 7. 2
Aug- 13 - 3.0
Sep- 13 - 2. 2
Oct- 13 - 1. 6
46 DIESEL PROGRESS NORTH AMERICAN EDITION February 2014