With the economy on an upswing, it’s more important than ever to stay informed about what to expect ahead. One way NFPA members can prepare their companies for a changing economy is by downloading the Forecast Report: U.S. Customer Markets for Q2 of 2021. This quarterly report, supplied by Alan Beaulieu and ITR Economics, includes an annual outlook with ITR 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. It also includes a quarterly outlook with ITR phase identifiers for those same markets and detailed fluid power outlooks with supporting evidence, management objectives, phase identifiers and amplitudes.
The Q2 2021 report includes valuable information including:
- Effects of the $1.9 trillion American Rescue Plan
- Changes in U.S. Real Gross Domestic Product from the low of the pandemic to the end of 2020
- Revised forecasts for hydraulic and pneumatic shipments
- Post-pandemic supply and demand data
- Economic opportunities in markets like housing and medical equipment/supplies production
- Suggested management objectives for NFPA members moving forward
Download the report today for access to a comprehensive resource and valuable tool for anticipating the economic challenges and opportunities ahead.
To access the latest report, please click HERE.
NFPA Login is required
Need an NFPA Login? Please click HERE to request one.
Like this post? Share it!
Recent Posts
Oxford’s Monthly Industry Briefings
Oxford’s Monthly Industry Briefings for November have been released and are available on the website. These reports contain the latest developments for eleven major industries around the globe with short industry briefs provided by Oxford Economics. These two-to-three-page briefs include a short-written summary, output/trend graphs, and an output table. Access Reports Here Basic Metals The US is…
2025 Annual Conference – See Who’s Coming and Suite Deal
2025 NFPA Annual ConferenceFebruary 25-27, 2025Tucson, AZRegistration Now Open Fluid power professionals looking to connect with others in the industry will have ample opportunities at NFPA’s 2025 Annual Conference. You can plan your networking strategy using the AC See Who’s Coming list to preview who will be there, including CEOs, top decision-makers and other key players in the…
Building the Future of Fluid Power with Workforce Development
Meet Mary Pluta, one of NFPA’s Workforce Program Managers, whose passion for creating pathways to success in the fluid power industry is driving innovative programs and opportunities for students and industry partners alike. In her video, Mary introduces you to her mission: building a strong pipeline of future talent through impactful programs and resources. From…