Still Need a Leading Indicator? Let NFPA’s SOFP Help

Stats Deep Dive

Several months ago, NFPA reviewed the strong relationship between our opinion-based survey results from the State of the Fluid Power Industry Survey (SOFP) and the industry shipments data collected through our Confidential Shipments Statistics (CSS) program. The article was met with a great deal of positive response and requests for updates, so we’re rerunning the…

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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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SOFP Industry Opinion: Little Change in Industry Opinions

NFPAs State of the Fluid Power Industry Survey

Not much change was seen in industry opinions with NFPA’s recent release of the October 2014 State of the Fluid Power Industry Survey (SOFP), an electronic opinion-based survey that is conducted amongst our manufacturer membership on a monthly basis. SOFP participants foresee a flat 4th quarter closing out a positive 2014 with increased growth in…

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SOFP Industry Opinion: Slow Start Leading To Positive Gains

NFPAs State of the Fluid Power Industry Survey

NFPA’s recent release of the September 2014 State of the Fluid Power Industry Survey (SOFP), an electronic opinion-based survey that is conducted amongst our manufacturer membership on a monthly basis, revealed that while our industry has grown compared to last year, participants foresee a flat 4th quarter making way for positive gains next year. In…

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