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.
Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. Each point can be read as a percentage. For example, 101.2 (the May 2014 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from June 2013 to May 2014 were 101.2% of the orders received from June 2012 to May 2013.
This graph of 12 month moving averages shows that in June 2014, both hydraulic shipments and pneumatic shipments increased.The table below is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2014 and the total for the same months in 2013. For example, the May pneumatic shipments figure of 4.5 means that for the calendar year through May 2014, pneumatic shipments increased 4.5% compared to the same time period in 2013.