Tag Archives: stats fact of the week

Stats Fact of the Week
COVID-19 has injected a heavy dose of economic uncertainty into the fluid power industry, as well as the rest of the global economy, and has forced the supply chain to change how it approaches strategic planning and business management. The pressure to quickly adapt to stay afloat in the unsteady economy can cause business leaders...

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Stats Fact of the Week
NFPA’s May 2020 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends often used to benchmark company performance, continues to expose COVID-19’s impact on the fluid power industry with severe declines in year-to-year and year-to-date fluid power shipment and order trends. May shipments were down again, and orders...

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Stats Fact of the Week
Deloitte, a global consulting firm, offers a variety of economic reports and webinars surrounding the impact of COVID-19 on the global and U.S. economy. Its work provides insights into a variety of sectors critical to the well-being of the general economy on their “Economic Insights” webpage. Deloitte’s “Weekly Global Economic Update” is an excellent resource...

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Stats Fact of the Week
IBIS World, a global leader in industry market research, hosts a variety of economic impact reports, webinars, and analysis insights and tools. These resources not only address the economic impact of COVID-19 on the global and domestic economy, but also go further with industry and sectorial analysis resources on its “Coronavirus Impact on Industries &...

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Stats Fact of the Week
Wells Fargo, a provider of banking, mortgage, investing, credit card, and personal, small business, and commercial financial services, hosts a large selection of macro-economic reports, video recordings, and PPTs that provide domestic and international economic commentary addressing the economic impact of COVID-19 within its “Economic Commentary” resource page. One of the resources that is particularly...

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Stats Fact of the Week
Consulting firm McKinsey & Company hosts resources related to the economic impact of COVID-19. “COVID-19: Implications for Business” is an ongoing series of briefing notes outlining critical issues for strategic planning and business management during the COVID-19 pandemic, with suggested actions. More detail is included in a “Full Briefing Materials PPT” download. Slide 26 of...

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Stats Fact of the Week
NFPA recently released the 2019 U.S. Foreign Trade Data for Fluid Power Products, an annual report that summarizes foreign trade data focused on fluid power products using data collected by the United States International Trade Commission. This U.S. fluid power foreign trade data is broken down by country and product and includes a trade summary...

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Stats Fact of the Week
NFPA’s November 2019 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends for benchmarking company performance, revealed substantial declines in month-to-month and year-to-year fluid power shipment trends. Double-digit declines in both trend analysis measures validated the effect on year-to-date trends dropping an entire percentage point or more across...

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Stats Fact of the Week
NFPA’s October 2019 Confidential Shipments Statistics (CSS) report, a monthly source of fluid power shipment and order data trends that benchmark company performance, identified month-to-month shipments growth when compared to September, but this positive trend shows little effect on year-to-year and year-to-date trends as they continue to decline. The only exception is pneumatic shipments, as...

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Stats Fact of the Week
NFPA’s August 2019 Confidential Shipment Statistics (CSS) report, a monthly source of fluid power shipment and order data trends often used to benchmark company performance, continued to display quicker rates of decline among orders. Diminishing orders have begun to directly affect shipment trends as some monthly comparisons to last year reach negative percentages in the double-digits for...

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