Manufacturing

Fluid power shipments increase in October

Auto sales finally got back above pre-recession levels in 2014 with August sales reaching a seven-year high. After six long years, sales levels have matched 2007’s pace. More importantly, several research groups expect 2015 continue to grow. Today’s Motor Vehicles allows marketers direct access to this healthy industry with continued growth.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for October 2014 increased 5.0% compared to October 2013, and increased 3.4% when compared to last month. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased in October 2014 when compared to October 2013. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased when compared to last month. These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve.

Source: NFPA