Tag Archives: deep dive

Stats Deep Dive
In a continued annual news series on trends in fluid power shipments, we again examine three very consistent trends worth watching over the last twelve years using “month-to-month % change” analysis on historical shipments index data from NFPA’s Confidential Shipment Statistics Program. First, let us revisit the trends and historical analysis from last year’s article:...

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Stats Deep Dive
What you should know: RSEA data is a strong economic indicator for fluid power. RSEA has a 96.2% correlation with Total Fluid Power Shipments. RSEA data is included in NFPA’s Customer Market File (CMF). NFPA and the Stats Toolkit make it easy for you to use RSEA as a possible leading indicator for your company....

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Stats Deep Dive
What you should know: DGNO data is a strong economic indicator for fluid power DGNO has an 88% correlation with Total Fluid Power Shipments DGNO, excluding Transportation has an 92.8% correlation with Total Fluid Power Shipments NFPA and that Stats Toolkit make it easy for you to use DGNO as a possible leading indicator for...

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Stats Deep Dive
Industrial Production Index (IP) is a measure of output of the industrial sector of the economy and includes manufacturing, mining and utilities. It accounts for the bulk of the variation in national output over the course of the business cycle, making it an important tool for forecasting economic performance and a popular economic indicator for...

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Stats Deep Dive
Many individuals engaged in the fluid power supply chain rely on the insights that the Purchasing Managers Index (PMI) offers as a top leading indicator of fluid power industry activity. This measure of economic trends in manufacturing, based on a monthly survey of purchasing managers, can provide current and future insights for decision makers concerning...

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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 business move by providing them tools to understand trends and anticipate change within the industry and global marketplace. The range of resources available can be extremely...

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Stats Deep Dive
Some time ago, in an article titled "'A Sure Thing' in Future Trends of Fluid Power Shipments", I identified three very consistent trends in fluid power shipments spanning a ten-year period (2008 – 2017) using “month-to-month % change” analysis on historical shipments index data from NFPA’s Confidential Shipment Statistics Program.  Those trends and historical analysis...

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Stats Deep Dive
NFPA’s Industry & Economic Outlook Conference (IEOC) has long delivered a variety of fluid power industry indicators identified by industry experts every year. Whether you are looking for a short-term leading indicator, long-term leading indicator, or coincident indicator, you walk away from this August event with quite a few options. But before attendees head back...

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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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