New Economic Indicator Data Boosts Value of NFPA Stats Toolkit

The Stats Toolkit, NFPA’s online data support tool available exclusively to NFPA members, has just received a major upgrade and now features Economic Indicator Data.

NFPA’s latest data resource addition to the Stats Toolkit offers a competitive advantage to those looking to get even more out of the Stats Toolkit. Coupled with the “Correlation Analysis” report application, the new economic indicator data further enhances the user’s ability to identify leading indicators for their business. Leading indicators can assist in your company’s strategic planning and help you anticipate changes in the industry before they actually occur.

Measure your company’s relationship with over twenty of our industry’s most popular economic indicators:

  • Purchasing Managers Index (PMI)
  • U.S. Industrial Production
  • Retail Sales excluding Autos
  • Durable Goods New Orders
  • Capacity Utilization
  • And many more!
The NFPA Stats Toolkit is a cloud-based data analytics and visualization support tool that combines the user’s unique company data and NFPA data sources with popular analytical tools to identify market trends, recognize data relationships and develop custom projections within the fluid power industry.

How to Access
NFPA membership and participation in NFPA’s Confidential Shipment Statistics (CSS) program are required for accessing the Stats Toolkit. Limited access to the Toolkit is available to NFPA members not eligible to participate in the CSS program.
 
Want to Learn More About this Valuable Tool?
NFPA offers a 60-minute, one-on-one Stats Toolkit Walkthrough Webinar that includes a detailed review of the online tool and how to operate each application. You’ll also receive help identifying which functions are best suited for your analytical needs.  Schedule a date and time with Eric Armstrong, NFPA’s Economic & Statistical Program Manager, at earmstrong@nfpa.com or (414) 778-3372.

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