Author Archives: Eric Armstrong

Stats Fact of the Week
Stats Fact of the Week: Week of October 15, 2018 Understanding the consumption of U.S. fluid power products is not only necessary step to determine U.S. demand for fluid power products, but also helpful to predict future demand of your company’s products. In the U.S., production and total sales are two of the most common...

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industry trends, industry update
As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and...

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Stats Fact of the Week
Stats Fact of the Week: Week of October 8, 2018 Foreign trade and the global marketplace play a key role in shaping U.S. fluid power industry trends, and while there are many ways of exploring this, the Confidential Shipment Statistics (CSS) program allows you to use “Percentage of U.S. Production” analysis to understand just how...

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NFPA's Economic Update Webinar
To register, please click HERE. Catherine Putney, ITR Economics Thursday, November 1st, 10:00 am Central Catherine Putney, an economist with ITR Economics, will help members gain critical insight into the economic risks and opportunities facing their organization during these uncertain economic conditions. This webinar will provide insights into the latest economic developments and future trends...

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Stats Fact of the Week
Stats Fact of the Week: Week of October 1, 2018 Predicting quarterly industry trends can be a struggle, but exploring historical quarterly trends in fluid power product shipments can give valuable insight into the industry’s quarterly activity. One trend that stands out that we can anticipate quarterly highs early in the year and quarterly lows late...

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If you’re involved in the fluid power supply chain, then there is a good chance you have or will encounter NAICS codes. NAICS codes create a standardized method of classifying our industry and our products, our suppliers and their products, and our customers and their products. Several NFPA market reports (and many outside resources) organize...

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Blue Graph Globe Up Arrow
Oxford Economics Global Industry Outlook Breakfast and Roundtable Thursday, October 25, 2018| 8:00 am - 10:00 am The Pfister Hotel | Milwaukee, WI Oxford Economics invites NFPA members to attend the Global Industry Outlook Breakfast and Roundtable at no charge on Thursday, October 25th at The Pfister Hotel in Milwaukee, Wisconsin. Oxford Economics' Director of U.S. Industries, Mark Killion, CFA...

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Stats Fact of the Week
Stats Fact of the Week: Week of September 17, 2018 NFPA is always on the lookout for additional data sources to provide more and better market information. While some data sources show a great deal of potential to further our understanding of the fluid power industry, some extra steps are needed to truly bring the...

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industry trends, industry update
As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and...

Read More >

Stats Fact of the Week
Stats Fact of the Week: Week of September 10, 2018 A sure thing rarely exists when identifying future trends. However, monthly data from the Confidential Shipment Statistics (CSS) program may not only have identified one sure thing, but three sure things in fluid power future trends! Using historical data to examine the last ten years in...

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