Author Archives: Eric Armstrong

Stats Deep Dive
NFPA’s Industry & Economic Outlook Conference (IEOC) delivers a variety of industry expert-identified indicators for the fluid power industry every year. Whether short-term leading indicators, long-term leading indicators, or coincident indicators, attendees always walk away from this event with quite a few options. But before attendees apply these new resources back at the office, I...

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Stats Fact of the Week
NFPA’s June 2019 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends often used to benchmark company performance, displayed the first signs of inventory liquidation in the U.S. fluid power marketplace. A declining orders trend combined with numerous order cancellations resulted in large negative trend analysis indicators, year-to-year...

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industry trends, industry update
As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and...

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NFPA Industry and Economic Outlook Conference
Industry & Economic Outlook Conference August 12 – 14, 2019 Hilton Chicago/Oak Brook Hills Resort, Oak Brook, IL Register |  See Who's Attending It's only two weeks until the 2019 Industry & Economic Outlook Conference (IEOC). This year's conference is set to not only deliver hard data and expert analysis for everyone in the fluid power supply chain, but...

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Stats Fact of the Week
Foreign trade policies and tariffs have created a great deal of economic uncertainty not only in the U.S., but also globally. Connor Lokar of ITR Economics recently released a very insightful article in the latest NFPA Forecast Report that examines the effect foreign trade conditions are having on the U.S. and global economy, and what they may...

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industry trends, industry update
As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and...

Read More >

Stats Fact of the Week
NFPA’s May 2019 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends often used to benchmark company performance, continues to point to a downturn in the U.S. fluid power marketplace. All three trend analysis indicators (year-to-year percent change, month-to-month percent change, and year-to-date percent change) displayed declining conditions,...

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Stats Deep Dive
As the leading source of fluid power market information in the U.S., NFPA offers a variety of industry analysis and hard data to assist members in planning their next move. While offering such a range of resources can be extremely helpful to most members, for some, it can create the daunting task of pulling together...

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Stats Fact of the Week
Stats Fact of the Week: Week of June 17, 2019 NFPA’s April 2019 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends often used to benchmark company performance, again highlighted the slowdown taking place in the U.S. fluid power marketplace. While year-to-year shipment percentages barely remained positive in...

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industry trends, industry update
As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and...

Read More >