COVID-19 Economic Impact Resource Spotlight: IBIS World

IBIS World, a global leader in industry market research, hosts a variety of economic impact reports, webinars, and analysis insights and tools. These resources not only address the economic impact of COVID-19 on the global and domestic economy, but also go further with industry and sectorial analysis resources on its “Coronavirus Impact on Industries & Sectors Around the World” webpage.

The “Coronavirus Update: Industry Fast Facts” highlights COVID-19’s impact on industries such as mining, agriculture, utilities, construction, manufacturing, and many more across Australia, Canada, Germany, New Zealand, the UK and the US. The information provided shows the impact of COVID-19 on these countries and their trading partners, what is being done to resolve the pandemic’s influence and the anticipated results.

This resource’s commentary regarding “Manufacturing” provides more in-depth information for specific sub-sectors relevant to fluid power,  including the impacts on certain sub-sectors within each economy and growth/decline implications on demand moving forward.

As the leading source of fluid power market information in the U.S., NFPA offers a variety of resources related to COVID-19’s impact on our industry and the global economy to assist our members in planning their next move. However, there are a number of other valuable COVID-19 economic impact resources available to the public. The “COVID-19 Economic Impact Resource Spotlight” series in the weekly NFPA News will identify those most relevant to NFPA members.

Questions and inquiries about COVID-19 Economic Impact Resources can be directed to Eric Armstrong at or (414) 778-3372.

Recent Posts

Episode 77: Electrification of Hydraulic Wheel Loaders Maintains Relevance of Fluid Power

This episode features Marty Christianson, the Market Manager for E-Mobility and AE Cooling Systems at HYDAC, and we invited him into our forum to learn more about E-Mobility and the electrification of off-highway hydraulic equipment.  Listen to Podcast Here This fluid power industry-focused podcast highlights the people, technologies and unique applications that are moving the industry…

Read More

NFPA Seeking Volunteers for Electrification in Fluid Power Task Force

Deadline to Respond is August 18, 2022 Electrification is a buzzword throughout most industries now and is a common topic being discussed at conferences, events, and board rooms. While many businesses and industries have already embraced electrification, others are still working to understand the impacts, opportunities, and decision points to make. To add further confusion,…

Read More

In Memoriam: Tom Wanke

The National Fluid Power Association is saddened to share the news that Tom Wanke, CFPE, director of the Fluid Power Industrial Consortium and Industry Relations at Milwaukee School of Engineering, passed away June 21, 2022. “Tom’s impact on the fluid power industry will be felt for generations,” said Eric Lanke, president and CEO of the…

Read More