New Global Industry Briefings Available from Oxford Economics

See the latest developments for eleven major industries around the globe with short industry briefs provided by Oxford Economics. These two-to-three-page briefs include a short-written summary, output/trend graphs, and an output table. Highlights from the latest briefs include:

  • Aerospace: Global air travel demand in December 2023 was down 2.5% compared to December 2019.
  • Electronics and Computers: Semiconductor sales have increased every month since March 2023; however, monthly growth is expected to decelerate in early-2024.
  • Electricity Generation and Renewables: German utilities output is showing signs of recovery due to its output rising to 2.8% below year-ago levels.
  • Construction: Total US housing starts declined in January by 14.8% month/month. The Midwest saw the largest month/month decline of 30% out of all US regions.

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…

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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…

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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.…

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