Tag Archives: Stats Deep Dive

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 Deep Dive
Fluid power product pricing is a very important driver for the industry. With the recent increase in fluid power product pricing, an understanding of fluid power product PPI data is crucial, particularly of what PPI data is, how PPI data is used, and which fluid power product PPIs and related resources are available. What Is...

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Stats Deep Dive
Reliable economic indicators are a necessary piece to the strategic planning puzzle, but the key word here is “reliable.” Testing the reliability of these indicators from time to time ensures the development of a sound strategic plan. There are a variety of methods to test the reliability of an economic indicator, and for the purposes...

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Stats Deep Dive
Several months ago, NFPA reviewed the strong relationship between our opinion-based survey results from the State of the Fluid Power Industry Survey (SOFP) and the industry shipments data collected through our Confidential Shipments Statistics (CSS) program. The article was met with a great deal of positive response and requests for updates, so we're rerunning the...

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Stats Deep Dive
NFPA’s Stats Toolkit is a cloud-based statistical tool that combines NFPA data sources with popular analytical tools to expands users’ economic view of their companies and industry. It allows users to benchmark company performance, automate time-consuming calculations, conduct industry analysis, identify leading indicators, and create custom forecasts with simple point-and-click menu options that generate graphs...

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Stats Deep Dive
Prices! As consumers, we commonly play the pricing game. Is this a good price? Can I find it for less? Lucky for us, we have a variety of resources at our fingertips to verify whether something is priced well or poorly. A company’s purchasing or pricing manager often plays the very same pricing game, but...

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Stats Deep Dive
Over the years, NFPA has brought a variety of leading indicators for the fluid power industry to our members' attention through our market data and reports. Several leading indicators include: Total U.S. Industrial Production; Purchasing Managers Index (PMI); Durable Goods New Orders; Retail Sales Excluding Autos; and NFPA’s State of the Fluid Power Industry Survey...

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Stats Deep Dive
If you’re involved in the fluid power supply chain, then there is a good chance you have or will encounter NAICS codes. NAICS codes create a standardized method of classifying our industry and our products, our suppliers and their products, and our customers and their products. Several NFPA market reports (and many outside resources) organize...

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