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 the month-to-month percent change analysis of total fluid power shipments (see chart) reveals three month-to-month directional indicators that remain consistent every year:
- An increase in shipments from February to March. 10-year Average Increase: +11.6%
- A decrease in shipments from June to July. 10-year Average Decrease: -7.7%
- A decrease in shipments from October to November. 10-year Average Decrease: -10.5%
If you are a CSS participant who would like to access historical data from the CSS program, please CLICK HERE.
If you are an NFPA manufacturer member that would like to access valuable industry data and analysis, please CLICK HERE or contact Eric Armstrong at email@example.com or (414) 778-3372 to begin participating in the CSS program.