New Import-Export Market Information Report Now Available

In a constantly evolving global economy, information on U.S. imports and exports is becoming increasingly valuable. NFPA’s 2021 Foreign Trade Report, based on U.S. International Trade Commission data, is now available for member download. Companies shipping fluid power products into and out of the U.S. use a standard set of codes for reporting the value…

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March Economic Update Event Registration is Now Open

Registration is now open for the March 22 Economic Update Hybrid Event featuring Eric Post (Senior Economist and Econ Manager, ITR Economics). The event will take place both in-person at the Hilton Chicago – O’Hare/Rosemont hotel in Chicago, Illinois as well as virtually. This event will provide insights into the latest economic developments and future trends for the…

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Updated State of the Fluid Power Industry Survey Now Available

How does your backlog look? NFPA’s latest State of the Fluid Power (SOFP) industry survey shows 71% of manufacturers reporting an increase in backlog from November to December 2021. As seen in the graph below, manufacturers and distributors have been saying relatively the same thing about their backlogs increasing or decreasing (higher index = increasing…

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NFPA Uploads Dozens of New Market Information Reports

A new year means new market information reports from NFPA. The Member Hub has recently been updated with dozens of new forecasts and briefs from Oxford Economics. Content covered in these reports includes the impact of supply chain disruptions on forecasted GDP growth, fiscal outlook as a result of the Omicron variant and highlights of…

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Broader Inflation Reflected in Fluid Power PPI, Expected to Persist

Anyone who follows economic and market data, including NFPA’s Confidential Shipment Statistics, has seen plenty of charts the past 18 months showing dramatic swings as many data series took a plunge during the COVID shut-downs and then jumped back up this year.  Here are a few more. Inflation has been in the news lately, with…

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NFPA Market Information Site Includes Updated ITR Forecast and New Business Intelligence Resources

NFPA’s Forecast Report: U.S. Customer Markets by ITR includes an annual outlook with phase identifiers for the current year and next two years ahead for 30 of fluid power’s most popular customer markets, as well as hydraulics, pneumatics and the overall fluid power industry. Highlights from the Q4 report include: Economic opportunities for NFPA members: 15 of…

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November 2021 Economic Update Webinar Recording Available

Economic Update Webinar

The recent NFPA Economic Update Webinar featuring Jim Meil offered attendees a number of insights into the latest economic developments & future trends for the U.S. and global economy and its effects on the fluid power industry. The presentation outlined the strong recovery in 2021 and continued growth in 2022. Many fluid power indexes are…

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Latest Industry Trends Data Now Available

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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Experience Full Benefits of NFPA In-Person Economic Update with Jim Meil

Economic Update Hybrid EventFeaturing Jim Meil of ACT ResearchNovember 10, 2021Cleveland, Ohio8 am E.T.  Enjoy a complimentary breakfast and great in-person networking opportunities at our upcoming Economic Update Hybrid Event featuring Jim Meil in Cleveland, Ohio. Jim Meil, Principal, Industry Analyst with ACT Research and popular fluid power economist, will help members gain critical insight into…

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Stats Toolkit Updates and Latest Fluid Power Report/Forecast

NFPA’s Stats Toolkit expands our members’ economic view of their company and our industry by combining NFPA data with popular analytical tools. Recently updated to be able to include preliminary data, the Toolkit will be one month more recent in the data presented. That combined with an intuitive interface, easy setup process and ability to…

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