Preliminary “Year-to-Date % Change” Analysis added to the CSS Report

CSS Report ExampleNFPA will add “Year-to-Date % Change” preliminary data starting with this month’s Confidential Shipment Statistics (CSS) report. Our CSS report is the only monthly source of aggregated US fluid power product data collected from our members to explain industry trends and benchmark company performance.  The “Year-to-Date % Change” is a frequently used indicator of our industry’s current economic condition and company performance benchmark.

In the past, NFPA has not previously a preliminary YTD % Change figure because it can be subject to change. The changes are typically minor, although early year changes can be more significant.

In response to participant requests, we’ve decided to add the indicator. As one CSS participant stated, “The YTD % Change info is the most important piece of analysis included in the report since the analysis of individual months fluctuate too significantly.”

If you have any questions or would like to discuss any of the analysis listed in the CSS report, please don’t hesitate to contact Eric Armstrong at earmstrong@nfpa.com or 414-778-3372.  Please remember that it is important to truly understand the nature of any data analysis before using it to make business decisions.

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