NFPA Releases Industry Trends
August 26, 2014—
The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for June 2014 increased 8.7% compared to June 2013, and increased 1.0% compared to last month. Industrial hydraulic, mobile hydraulic and pneumatic shipments increased in June 2014 when compared to June 2013. Industrial hydraulic and pneumatic shipments increased and mobile hydraulic shipments decreased when compared to last month. These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve.