U.S. Fluid Power Product Exports Decline $1 Billion in 2020

U.S. fluid power product exports dropped 14.3% when compared to last year, reaching 5.6 billion dollars in 2020. Declining nearly one billion dollars since 2019, U.S. fluid power exports faced several challenges, including a recessionary economy brought on by the COVID-19 pandemic as well as an uncertain foreign trade environment due to unstable trade policies,…

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Fast Stats Feature: NFPA’s Trends in Capacity Utilization

The Trends in Capacity Utilization Report is a valuable indicator that predicts turning points for various economic factors to help prepare your company for future changes in manufacturing, employment and more. Recent report updates have shown bounce backs in almost all areas except for energy, including a more dramatic bounce back in capacity utilization for machinery industries,…

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New Industry Trends Report Available

industry trends, industry update

As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and…

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COVID-Proof Trends in Fluid Power Shipments

In a continued annual news series on trends in fluid power shipments, we again examine three very consistent trends worth watching over the last twelve years using “month-to-month % change” analysis on historical shipments index data from NFPA’s Confidential Shipment Statistics Program. First, let us revisit the trends and historical analysis from last year’s article:…

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NFPA Market Reports Cover Your New Year Data Needs

NFPA’s Market Information resources provide NFPA members insights year-round but can be particularly useful as companies start the year and plan their next steps. Reports and programs to pay special attention to as we move into 2021 include:  NFPA Forecast Report: U.S. Customer Markets – (Available free to all members) Look three years into the future…

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New Industry Trends Data Available

industry trends, industry update

As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and…

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October 2020 Economic Update Webinar Recording Available

Economic Update Webinar

NFPA’s Webinar Archives feature valuable presentations from experts in various fields that NFPA members can view whenever they wish, without leaving the office. The following NFPA webinar recording is now available for viewing by all NFPA members. NFPA’s Economic Update Webinar – Risks and Opportunities in a COVID-19 Economy Catherine Putney, ITR Economics Recorded Thursday,…

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Discovering Durable Goods New Orders Data

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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Fluid Power Regional Demand Estimates Report Updated for 2020

Updated Report Now Available for Download The U.S. Fluid Power Regional Demand Estimates Report has recently been updated and is now available for download. This Excel-based report is prepared for NFPA by Oxford Economics and profiles the geographic distribution of fluid power products to end-use industries by state, including fluid power sales dollars, fluid power sales percentage,…

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Latest Industry Trends Report Available

industry trends, industry update

As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update: Hydraulic and…

Read More