Posts by Katrina Schwarz
Invest in the Future of Fluid Power
NFPA members consistently rank workforce development as the most challenging issue their companies face. This is likely because not enough technical colleges and universities are teaching fluid power to their students. As a result, NFPA has identified growing the fluid power workforce as one of its primary strategic priorities. It is central to its mission…
Read MoreMidterm Message from the Board Chair
NFPA Helps Members Gain the Information and Connections They Need by Ray Chambers, Chairman, CEO & President, Muncie Power Products Halfway through NFPA’s fiscal year, we continue to see a time of challenge for the fluid power industry. Sales have not fully recovered, and uncertainty remains the dominant feature of all future projections. Against this backdrop,…
Read MoreDiscovering Durable Goods New Orders Data
What you should know: DGNO data is a strong economic indicator for fluid power DGNO has an 88% correlation with Total Fluid Power Shipments DGNO, excluding Transportation has an 92.8% correlation with Total Fluid Power Shipments NFPA and that Stats Toolkit make it easy for you to use DGNO as a possible leading indicator for…
Read MoreFluid Power Regional Demand Estimates Report Updated for 2020
Updated Report Now Available for Download The U.S. Fluid Power Regional Demand Estimates Report has recently been updated and is now available for download. This Excel-based report is prepared for NFPA by Oxford Economics and profiles the geographic distribution of fluid power products to end-use industries by state, including fluid power sales dollars, fluid power sales percentage,…
Read MoreNEXT WEEK: Get the Latest Economic Trends in the Economic Update Webinar
NFPA Economic Update Webinar: Risks and Opportunities in a COVID-19 Economy Featuring Catherine Putney of ITR Economics Thursday, October 29, 10:00 am Central Registration Open NO CHARGE to NFPA Members! Next week, Catherine Putney, an economist with ITR Economics, will help members gain critical insight into the economic risks and opportunities facing their organizations in a…
Read MoreLatest Industry Trends Report Available
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 MoreMember News: Applied Industrial Technologies Acquires Advanced Control Solutions
NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Applied Industrial Technologies. Applied Industrial Technologies recently announced its acquisition of Advanced Control Solutions, an automation product, service, and engineered solutions provider that focuses on software, mobile…
Read MoreRegister Today for the October 29 Economic Update Webinar
NFPA Economic Update Webinar: Risks and Opportunities in a COVID-19 Economy Featuring Catherine Putney of ITR Economics Thursday, October 29, 10:00 am Central Registration Open NO CHARGE to NFPA Members! Catherine Putney, an economist with ITR Economics, will help members gain critical insight into the economic risks and opportunities facing their organizations in a world affected…
Read MoreLeadership Webinar Recording Now Available
The recording from our first Future Leaders Network webinar, “Leading Through Crisis: Multiple Perspectives for Future Leaders,” featuring John Stenz, Chairman and CEO of FORCE America and Jim Kaas, President of Iowa Fluid Power, is now available for download. Whether you are already involved in the Future Leaders Network, or if you’d just like to get a sample…
Read MoreDiscovering U.S. Industrial Production Index Resources
Industrial Production Index (IP) is a measure of output of the industrial sector of the economy and includes manufacturing, mining and utilities. It accounts for the bulk of the variation in national output over the course of the business cycle, making it an important tool for forecasting economic performance and a popular economic indicator for…
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