Discovering Durable Goods New Orders Data

Stats Deep Dive

What you should know: DGNO data is a strong economic indicator for fluid power DGNO has an 88% correlation with Total Fluid Power Shipments DGNO, excluding Transportation has an 92.8% correlation with Total Fluid Power Shipments NFPA and that Stats Toolkit make it easy for you to use DGNO as a possible leading indicator for…

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Anticipate Change with NFPA’s Leading Indicator Consultative Service

Leading indicators are key pieces of information in any company’s strategic planning process. A reliable leading indicator helps you anticipate changes in the industry before they actually occur, giving you the competitive advantage. Identifying dependable leading indicators can be a complicated process that requires a great deal of time and resources, but NFPA can help…

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Under the Microscope: Hydraulic Market Indicators from IEOC

Stats Deep Dive

NFPA’s Industry & Economic Outlook Conference (IEOC) delivers a variety of industry expert-identified indicators for the fluid power industry every year. Whether short-term leading indicators, long-term leading indicators, or coincident indicators, attendees always walk away from this event with quite a few options. But before attendees apply these new resources back at the office, I…

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Leading Indicators in NFPA Industry Data

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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