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 Pneumatic Shipments
This graph of raw index data is generated by the total dollar volume reported to NFPA by CSS participants and compared to the average monthly dollar volume in 2013. For example, the May 2018 total dollar volume for pneumatic shipments are 109.5% of the average monthly dollar volume in 2013. (Base Year 2013 = 100)
Pneumatic, Mobile and Industrial Hydraulic Orders Index
Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. Each point can be read as a percentage. For example, 113.7 (the April 2018 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from May 2017 to April 2018 were 113.7% of the orders received from May 2016 to April 2017. (Base Year 2013 = 100)
Total Hydraulic and Pneumatic Shipments
This graph of 12-month moving averages shows that in May 2018, both hydraulic and pneumatic shipments increased. (Base Year 2013 = 100)
Shipments – Cumulative year-to-date % change (2018 vs. 2017)
The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2018 and the total for the same months in 2017. For example, April 2018 pneumatic shipments figure of 3.8 means that for the calendar year through April 2018, pneumatic shipments increased 3.8% compared to the same time period in 2017. (Base Year 2013 = 100)
Fluid Power Industry Growth Trend
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