Discovering the Capacity Utilization Index

Stats Deep Dive

What you should know: CU data can predict turning points in general manufacturing trends, anticipate price inflation and foresee supply bottlenecks. CU data is included in NFPA’s Trends in Capacity Utilization. CU data is a strong economic indicator for fluid power. CU has an 91.8% correlation with Total Fluid Power Shipments. Capacity utilization index (CU),…

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COVID-19 Economic Impact Resources: Global Market Reports & Forecasts

The fluid power industry is in a challenging global economic environment with the COVID-19 pandemic, and now more than ever, NFPA members need proper resources to evaluate challenges and anticipate economic trends. For the last couple months, NFPA has alerted members to a variety of COVID-19 economic impact resources. The most deepest and most relevant…

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Revisiting NFPA’s Fluid Power Product PPI Data

Stats Deep Dive

Fluid power product pricing is a very important driver for the industry. With the recent increase in fluid power product pricing, an understanding of fluid power product PPI data is crucial, particularly of what PPI data is, how PPI data is used, and which fluid power product PPIs and related resources are available. What Is…

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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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Developing Custom Projections with the Stats Toolkit U.S. Forecasting Report

Stats Deep Dive

NFPA’s Stats Toolkit is a cloud-based statistical tool that combines NFPA data sources with popular analytical tools to expands users’ economic view of their companies and industry. It allows users to benchmark company performance, automate time-consuming calculations, conduct industry analysis, identify leading indicators, and create custom forecasts with simple point-and-click menu options that generate graphs…

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Measuring Producer Pricing of Fluid Power Products

Stats Deep Dive

Prices! As consumers, we commonly play the pricing game. Is this a good price? Can I find it for less? Lucky for us, we have a variety of resources at our fingertips to verify whether something is priced well or poorly. A company’s purchasing or pricing manager often plays the very same pricing game, but…

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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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