Tag Archives: stats toolkit

  By Eric Lanke NFPA President/CEO As our Board chair Ray Chambers recently communicated, the NFPA Board of Directors met virtually in late June 2020 for its annual strategic retreat. Among other topics of focus, the Board reviewed the program successes NFPA achieved in its 2019-20 fiscal year. In this post, I would like to...

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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
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 Fact of the Week
Stats Fact of the Week: Week of February 11, 2019 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...

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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 Fact of the Week
Stats Fact of the Week: Week of January 21, 2019 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...

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Stats Fact of the Week
Stats Fact of the Week: Week of December 24, 2018 NFPA’s Stats Toolkit is a cloud-based statistical tool that expands our members’ economic view of their companies and our industry by combining NFPA data sources with popular analytical tools.  Its intuitive interface and easy setup process allows users to benchmark company performance, automate time-consuming calculations,...

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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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NFPA Customer Market File (CMF)
Previously only available to participants of NFPA’s Confidential Shipment Statistics (CSS) program, the Customer Market File (CMF) is now available to all NFPA members! Using information from a variety of public data sources that is then sorted, analyzed, and displayed in such a way to make the data much more accessible and convenient for our...

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