Global Forecast Updates from Oxford Economics – Available Now

A new series of quarterly forecast updates from Oxford Economics is now available on the NFPA website at Global Industry Forecasts.  These reports cover the global economy, as well as regional and country developments, and some detailed global industry forecasts. 

Oxford no longer expects a recession in 2024, but projects a flat first half, followed by very modest growth in the second half of 2024 as a market outlook for hydraulics and pneumatics in the US. Learn more specifics for key markets and global economies in Oxford’s latest series of reports. 

NFPA’s Customer Market File and Trends in Capacity Utilization reports have been combined to create Econ and Market Indicators (EMI). This report contains public data in the forms of shipments, orders, industrial production, capacity utilization, and producer price indexes for a variety of popular fluid power customer markets. The EMI can be downloaded as an excel file which gives members access to the raw data or viewed as interactive charts and tables with built in analysis.

Recent Posts

Fall 2024 Fluid Power Recruitment Event with NIU

RSVP for our Fall 2024 Fluid Power Recruitment Event with Northern Illinois University (NIU). NIU is one of seven universities recognized as a Power Partner, teaching fluid power competencies and engaging in all NFPA educational programs. At this event, your company will have the opportunity to connect directly with NIU engineering students. Engaging in meaningful conversations,…

Read More about Fall 2024 Fluid Power Recruitment Event with NIU

Now Announcing: Cuyahoga Community College as a Fast Track Hub in Ohio

NFPA’s Fast Track to Fluid Power is a workforce development pathway that partners local technical colleges with fluid power industry members and high school teachers. These networks create awareness and interest in fluid power and train students along a path that leads to careers in fluid power at NFPA member companies. We are pleased to…

Read More about Now Announcing: Cuyahoga Community College as a Fast Track Hub in Ohio

Now Announcing: Houston Community College as a Fast Track Hub in Texas

NFPA’s Fast Track to Fluid Power is a workforce development pathway that partners local technical colleges with fluid power industry members and high school teachers. These networks create awareness and interest in fluid power and train students along a path that leads to careers in fluid power at NFPA member companies. We are pleased to…

Read More about Now Announcing: Houston Community College as a Fast Track Hub in Texas