Latest Trends in PPI Data for Fluid Power and End-Use Markets

The latest data from the Bureau of Labor Statistics shows the Y/Y % change in fluid power equipment PPI starting to decline. The Y/Y % change appears to have peaked at 14.4% in July 2022, and now sits at 10.4%. The graph below shows this trend over time, and just how large the recent spike is historically.

In comparison, we can look at a few popular end use industries for fluid power. Below, you can see the producer price index, graphed with a year-over-year % change, for construction machinery, farm machinery, and automotive.

Construction machinery and farm machinery appear to be following a similar trend to the fluid power equipment PPI. Both series peaked in mid/late 2022 and have since trended downward. Automotive, however, does not follow this trend and has been slowly increasing since early 2020.

To find PPI data for these markets and many more, download NFPA’s Econ and Market Indicators report. This report also contains shipments data, industrial production data, and capacity utilization data.

Fluid power equipment PPI is also updated regularly in NFPA’s Stats Dashboard. The Stats Dashboard contains highlights from NFPA’s wide variety of market reports.

If you have any questions about this data, contact Sam Diedrich at or 414-778-3372.

Recent Posts

Meet the 2023 NFPA Robotics Challenge Scholarship Winner – Megan Tian

Megan Tian of Lake Oswego, OR is the winner of the 2023 NFPA Robotics Challenge Scholarship. The scholarship program received strong applications from students across the country who used pneumatics in robotics competitions. The NFPA member judges who interviewed Megan were impressed by her understanding of pneumatics, leadership skills, and involvement in her community. Megan will…

Read More

Increasing Number of Students Seeking Fluid Power Internships, Hire Them Now

The academic year is underway, and we have been reconnecting with our education partners in our Power Partner and Fast Track programs about the best opportunities to recruit students pursing fluid power education tracks and careers in the industry. With our Power Partners, we are hosting a series of industry connection events and inviting underclassmen,…

Read More

NFPA Member Company Profile: Scott Industrial Systems, Inc.

NFPA member companies span the spectrum of the fluid power industry. This series features the short company profile of an NFPA member as a way to highlight the diversity and strength of our industry. Today’s company is: Scott Industrial Systems, Inc. Scott Industrial Systems is a full line fluid power distributor with headquarters in Dayton, OH.…

Read More