The State of the Fluid Power Industry survey for Distributors was launched in June, and our goal for the year has been to drive participation among our distributor members toward levels proportionate to those among manufacturer members in the State of Fluid Power survey for Manufacturers.
That would mean we need to average 20 distributor participants per month for the entire year. Beyond just meeting our internal benchmark, the more distributors who participate, the more likely we will be able to move toward a second goal of segmenting results by region of the country…making a useful survey even more valuable.
Our September survey yielded 24 distributor participants, a solid uptick and something we hope is the start of a trend, not a blip.
At the same time, participation in the parallel State of the Fluid Power Industry survey of Manufacturers also jumped this past month, with an all-time high of 81 companies reporting.
State of the Fluid Power Industry surveys are very quick and easy-to-complete surveys requiring no specific data, but which give you a general pulse of the industry…where it’s been and where it’s expected to be going.
Thanks to all participants! If you haven’t participated and need information, contact us.
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