CHICAGO, Dec. 3, 2015 /PRNewswire/ -- Second quarter data released by the Power Transmission Distributors Association (PTDA) shows power transmission/motion control (PT/MC) distributor sales moving counter cyclically to the leading industrial indicators, although the growth rate remains up 11.7 percent from one year ago. However, the report is forecasting a slowdown in the near term.
The above forecast is just one of many valuable data points contained in PTDA's new quarterly Sales History & Outlook Report (SHOR). Developed in conjunction with ITR Economics, PTDA's SHOR collects company sales data each quarter from PT/MC distributors and manufacturers and presents the aggregate results in customized reports. SHOR tracks total PT/MC sales for both distributors and manufacturers. It also tracks six specific product categories for manufacturers only:
- Conveyors/conveyor materials handling equipment
In addition to a written analysis, data provided for these categories is represented in charts to visually track overall product movement as well as total sales movement.
The analysis, provided by ITR economists to create forecasts of future industry sales three years out, highlights major economic trends identified during the forecast process that may impact the industry. This information is a critical component in studying the PT/MC industry to verify key elements of any company prospectus.
SHOR is available for purchase on a quarterly basis from the PTDA online store at ptda.org/SHOR.
The Power Transmission Distributors Association (PTDA) is the leading global association for the industrial power transmission/motion control (PT/MC) distribution channel. Headquartered in Chicago, PTDA represents power transmission/motion control distribution firms that generate more than $16 billion in sales and span over 3,400 locations. PTDA members also include manufacturers that supply the PT/MC industry.
PTDA is dedicated to providing exceptional networking, targeted education, relevant information and leading-edge business tools to help distributors and manufacturers meet marketplace demands competitively and profitably. For more information, call +1.312.516.2100, visit ptda.org or follow on LinkedIn or Twitter at @PTDAorg.
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Power Transmission Distributors Association (PTDA)
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SOURCE Power Transmission Distributors Association (PTDA)