Posts Tagged ‘stats toolkit’
New Global Industry Briefings from Oxford Economics
See the latest developments for eleven major industries around the globe with short industry briefs. These two-to-three-page briefs include a short-written summary, output/trend graphs, and an output table. Highlights from the latest briefs include: Toolkit applications include: Aerospace: Total demand for global air travel in March was down 41.3% compared to March 2019. Energy and…
Read MoreSee the Latest Trends in Popular Fluid Power Markets Using the Customer Market File
NFPA’s Customer Market File tracks shipments and orders in over 30 different customer markets. This data can be used to measure the size and impact different markets have on our industry. Also included in this report are economic indicators and producer pricing data. Anticipate change with the latest trends from indicators and identify price fluctuations…
Read MoreStats Toolkit Updates and Latest Fluid Power Report/Forecast
NFPA’s Stats Toolkit expands our members’ economic view of their company and our industry by combining NFPA data with popular analytical tools. Recently updated to be able to include preliminary data, the Toolkit will be one month more recent in the data presented. That combined with an intuitive interface, easy setup process and ability to…
Read MoreNew Economic Indicator Data Boosts Value of NFPA Stats Toolkit
The Stats Toolkit, NFPA’s online data support tool available exclusively to NFPA members, has just received a major upgrade and now features Economic Indicator Data. NFPA’s latest data resource addition to the Stats Toolkit offers a competitive advantage to those looking to get even more out of the Stats Toolkit. Coupled with the “Correlation Analysis” report application, the…
Read MoreDiscovering the Capacity Utilization Index
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),…
Read MoreStart 2021 Right With an Exclusive Data Tool
The Stats Toolkit is a cloud-based data analytics and visualization support tool that is available exclusively to NFPA members. This online platform expands our members’ economic view of their company by combining the user’s unique company data and NFPA data sources with popular analytical tools to identify market trends, recognize data relationships and develop custom…
Read MoreTake Advantage of an Exclusive Data Tool
The Stats Toolkit is a cloud-based data analytics and visualization support tool that is available exclusively to NFPA members. This online platform expands our members’ economic view of their company by combining the user’s unique company data and NFPA data sources with popular analytical tools to identify market trends, recognize data relationships and develop custom…
Read MoreNFPA Provides Industry Statistics That Improve Your Decision Making
By Eric Lanke NFPA President/CEO As our Board chair Ray Chambers recently communicated, the NFPA Board of Directors met virtually in late June 2020 for its annual strategic retreat. Among other topics of focus, the Board reviewed the program successes NFPA achieved in its 2019-20 fiscal year. In this post, I would like to…
Read MoreDiscovering the Purchasing Managers Index (PMI) Resources
Many individuals engaged in the fluid power supply chain rely on the insights that the Purchasing Managers Index (PMI) offers as a top leading indicator of fluid power industry activity. This measure of economic trends in manufacturing, based on a monthly survey of purchasing managers, can provide current and future insights for decision makers concerning…
Read MoreHow Well Do Popular Economic Indicators Correlate to the Fluid Power Industry?
Reliable economic indicators are a necessary piece to the strategic planning puzzle, but the key word here is “reliable.” Testing the reliability of these indicators from time to time ensures the development of a sound strategic plan. There are a variety of methods to test the reliability of an economic indicator, and for the purposes…
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