New Forecasts from Oxford Economics: Updates on the UAW Strike

Quarterly country and industry forecast reports from Oxford Economics have been updated on NFPA’s member hub. Insights include impacts of the UAW strike on the motor vehicle industry and updates on China’s industrial production.

Oxford Economics produces quarterly forecast reports for over 60 countries and 10+ industries. These reports highlight forecast drivers and constraints with upside and downside scenario outlooks. Countries and industries covered include:

Countries:Industries:
Mexico
China
Germany
USA
And more
Construction
Motor Vehicles
Extraction
Electronics and Computers
And more

To access the latest country and industry forecasts, click HERE, and go to either “Global Industry Forecasts” or “By-Country Briefings and Forecasts”.

The latest reports from Oxford also include updates surrounding the UAW strike. Oxford estimates that if all 146,000 members of United Auto Workers are on strike, motor vehicle output will fall by 30% or more. The strike poses a significant downside risk to near term forecasts, but long-term forecasts remain positive according to Oxford.

Questions, or need an NFPA member hub login? Contact Sam Diedrich at sdiedrich@nfpa.com or 414-778-3372.

Recent Posts

Update to Regional Demand Estimates Report Now Available

The U.S. Fluid Power Regional Demand Estimates Report has been updated with 2023 estimates and is now available for download. This Excel-based report is prepared for NFPA by Oxford Economics and profiles the geographic distribution of fluid power products to end-use industries by state, including fluid power sales dollars, fluid power sales percentage, and number of…

Read More about Update to Regional Demand Estimates Report Now Available

Hear from an NCAT Student Engaged in NFPA Workforce Programs

We’re excited to share a new testimonial video from David Castro Lastor, a junior mechanical engineering student at North Carolina Agricultural and Technical State University and president of the university’s Fluid Power Club. In his video, David shares how participating in NFPA programs has shaped his academic and personal growth. Through his leadership in the…

Read More about Hear from an NCAT Student Engaged in NFPA Workforce Programs

New Episode of Fluid Power Forum: Advanced Modeling Techniques and Performance Comparisons of Electrohydraulic Systems

Today, our guest is Bruno Dupuis. Bruno is a Corporate Accounts Manager at Famic Technologies Inc., the company behind the development of Automation Studio™, a circuit design and simulation software for fluid power, electrical, robotics, process control and automation projects. He presented at NFPA’s Hydraulics Conference co-located at the 2024 iVT EXPO back in August.…

Read More about New Episode of Fluid Power Forum: Advanced Modeling Techniques and Performance Comparisons of Electrohydraulic Systems