ITR’s 4th quarter forecast report is now available for free to all members. This report forecasts over 30 different popular fluid power markets and identifies which phase of the business cycle they are in using 3/12 and 12/12 rates of change. NFPA’s Stats Toolkit allows members to automate these rate of change calculations and compare 3/12s and 12/12s with ease. If you are interested in accessing the Stats Toolkit or learning more about it, contact sdiedrich@nfpa.com.
NFPA has an upcoming Economic Update Event that will feature Patrick Luce of ITR Economics. Patrick is a vital member of ITR Economics’ team of expert economists. He lends his expertise to client reports, forecast reviews, research, and frequent communications with clients. Patrick double-majored in finance and economics at the University of Tampa and went on to earn a master’s degree in economics from the University of South Florida. Join NFPA and Patrick Luce for this virtual update to see the current and upcoming trends that will impact your business.
Like this post? Share it!
Recent Posts
Connecting NFPA Members with Emerging Talent: Meet Kyla Olson
We’re excited to share a new onboarding video from Kyla Olson, one of NFPA’s Workforce Program and Event Managers. In this video, Kyla highlights the many ways she can help members connect with the next generation of fluid power professionals. Kyla is dedicated to assisting NFPA members in engaging with university engineering students, particularly those…
NFPA to Present Advanced Hydraulics Conference at CONEXPO-CON/AGG 2026
The National Fluid Power Association (NFPA) will convene and co-locate an advanced hydraulics conference for off-highway vehicle and other fluid power engineers at CONEXPO-CON/AGG 2026, to be held March 3-7, 2026, in Las Vegas, NV. CONEXPO-CON/AGG is the international gathering place every three years for the construction industries, focusing on construction, aggregates, and ready-mixed concrete. The event features exhibits of the…
Survey Results on Preventing Leaks – Now Available for NFPA Members
A new publication, 2024 NFPA Preventing Leaks Survey Results, has been published by the National Fluid Power Association. As defined in the 2023 NFPA Technology Roadmap, there are many machine-level technology trends that are actively shaping the future of the fluid power industry. These trends include the increasing electrification, connectivity, and autonomous functionality of both the…