New Global Fluid Power Report and Forecast Available

A new series of quarterly forecast updates from Oxford Economics is now available on the NFPA website at Global Industry Forecasts.  These reports cover the global economy, as well as regional and country developments, and some detailed global industry forecasts. 

Oxford predicts a slow first half of 2024 with US industrial output being particularly stagnate. However, a gradual increase of industry growth is expected towards the end of the year and into a fully recovered 2025.
Learn more specifics for key markets and global economies in Oxford’s latest series of reports.

Recent Posts

Fluid Power and the Drive Towards Performance and Productivity – Technology Conference Registration Now Open

June 6, 2024 | 9:00am– 11:10am* (Central)Virtual Delivery Registration is now open for the June NFPA Technology Conference. The upcoming conference will take place June 6, 2024 and will be held jointly with FPIC. The conference focus is “Fluid Power and the Drive Towards Performance and Productivity.” Presentations will be broadcast virtually over Remo.  Sessions…

Read More about Fluid Power and the Drive Towards Performance and Productivity – Technology Conference Registration Now Open

Northern Illinois University and Kennesaw State University are FPVC Grand Champions

Northern Illinois University and Kennesaw State University were named Grand Champions at the 2024 Fluid Power Vehicle Challenge Final Competitions held in April and hosted by Danfoss Power Solutions in Ames, IA and Norgren in Littleton, CO. Twenty-two schools competed in four races judged by fluid power industry professionals. In addition to the races, students…

Read More about Northern Illinois University and Kennesaw State University are FPVC Grand Champions

Join Us on May 9 for an Economic Update with Jim Meil

Seats are still available for the May 9th Economic Update Event featuring Jim Meil of ACT Research. He has been recognized as a leading industrial sector economist and planner for over 30 years. Join NFPA and Jim Meil for this virtual update to see the current and upcoming trends that will impact your business. For…

Read More about Join Us on May 9 for an Economic Update with Jim Meil