July Hydraulic and Pneumatic Industry Trends 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:

Pneumatic, Mobile and Industrial Hydraulic Orders Index

Pneumatic, Mobile and Industrial Hydraulic Orders Index - July Industry Trends

[Click Graph to Enlarge] 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, 83.9 (the April 2016 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from May 2015 to April 2016 were 83.9% of the orders received from May 2014 to April 2015. (Base Year 2013 = 100)

Total Hydraulic and Pneumatic Shipments

Total ‐ Hydraulic and Pneumatic Shipments - July Industry Trends

[Click Graph to Enlarge] This graph of 12‐month moving averages shows that in May 2016, both hydraulic and pneumatic shipments decreased. (Base Year 2013 =100)

Shipments – Cumulative year-to-date % change (2016 vs. 2015)

Shipments – Cumulative year‐to‐date % change (2016 vs. 2015) - July Industry Trends

[Click Chart to Enlarge] The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2016 and the total for the same months in 2015. For example, the April pneumatic shipments figure of ‐12.2 means that for the calendar year through April 2016, pneumatic shipments decreased 12.2% compared to the same time period in 2015. (Base Year 2013 = 100)

Fluid Power Industry Growth Trend

The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for May 2016 decreased 5.5% compared to May 2015, and decreased 0.6% when compared to last month. Mobile hydraulic, industrial hydraulic, and pneumatic shipments decreased in May 2016 when compared to May 2015. Mobile hydraulic and industrial hydraulic shipments decreased, while pneumatic shipments increased when compared to last month. These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve.

For more of the latest economic trends and information, be sure to join us for the 2016 Industry & Economic Outlook Conference August 15-17 at the Westin Chicago North Shore in Wheeling, Illinois. To register or find out more, click here.

Market information questions? Contact Eric Armstrong at earmstrong@nfpa.com or 414‐778‐3372.

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