NFPA’s Stats Toolkit allows NFPA members to see the latest trends in fluid power. This web-based tool houses Confidential Shipment Statistics (CSS) data along with economic indicators, customer market data, and forecast data. Users can create custom, downloadable reports through 5 report types:
- Market Trends
- Market Share
- US Forecasts (from ITR Economics)
- Global Forecasting (from Oxford Economics)
12/12 Rate of Change (ROC):
The latest trends suggest that fluid power shipments from December 2021 to November 2022 are up 17.3% compared to shipments from December 2020 to November 2021. This number has been declining since February 2022, where the 12/12 ROC was 26%.
If you, or anyone at your company is interested in learning more about the Stats Toolkit, please contact Sam Diedrich at firstname.lastname@example.org or (414) 778-3372.
Mark Your Calendars – Upcoming Events of 2023!
Trying to plan ahead for future travel? Use this article to lock-in these events into your calendar! Purdue University Recruitment and Networking Event April 18, 2023 Virtual Delivery Vehicle Challenge Final Competitions April 12-14, 2023 | April 26-28, 2023 Norgren; Littleton, CO | Danfoss; Ames, IA Fluid Power Forum Exhibit and Member Reception at Offshore Technology…
You’re Invited: Purdue University Recruitment and Networking Event
Byline: Kyla Olson, Workforce Program and Event Manager Tuesday, April 18th, NFPA will be hosting a two-part virtual event with Purdue University. We will begin with the Indiana Workforce Engagement Group meeting where you can expect an open discussion between NFPA staff, Purdue University faculty, and industry representatives from NFPA member companies. This is meant…
Power Partner University Murray State University Focuses Heavily on Automation and Controls within Industry- Fluid Power Forum Episode 96 Now Live
This episode features Jake Hildebrant, a Professor of Electromechanical and Manufacturing Engineering Technology at Murray State University. Listen to the Podcast Here As we all know, education plays a crucial role in developing the fluid power workforce. We invited Jake into our forum to welcome Murray State University as a first-year Power Partner University, while also learning…