NFPA Market Information Site Includes Updated ITR Forecast

The latest fluid power forecasts from ITR are now available. Examine anticipated change in over 30 different markets with forecasts through 2024. Plan ahead with ITR’s latest economic opportunities, economic risks, and management objectives. Highlights from the latest report include:

Highlights from the latest report include:

  • Material Handling Equipment New Orders is expected to end 2022 with a 16.3% increase year-over-year.
  • Farm Machinery Shipments is currently the only market in phase D: recession of the business cycle.
  • Fluid power is expected to avoid recession in 2023 and resume growth in 2024.

Download ITR’s Fluid Power Forecast Report:

Recent Posts

Take Advantage of the Market Information Available to You as an NFPA Member

Need a refresher on what market information is available to you as an NFPA member? Meet with NFPA’s Economic and Statistical Services Manager, Sam Diedrich, for an overview and Q&A. NFPA provides members with a variety of report types, sources, and insights to best understand trends and outlooks in the fluid power industry. Below are…

Read More

New! NFPA Apparel Available for Purchase By Members

NFPA now has member apparel available for purchase, just in time for the Industry & Economic Outlook Conference! Visit our shop to view the different styles and colors available. Save 15% off your purchase of apparel when you register for the IEOC! For questions, please contact Allison Forsythe at

Read More

Preview 2023 IEOC Speaker Lineup

2023 Industry & Economic Outlook Conference August 15-16, 2023 Register for IEOC  NFPA’s 2023 Industry and Economic Outlook Conference is slated to offer an enriching experience to connect with key industry players as well as learn from some of the brightest minds in economics. Learn about industry forecasts, geopolitical trends, the global marketplace and more from…

Read More