The latest data from The National Fluid Power Association (NFPA) indicates that fluid power shipments are continuing to improve over last year but have dropped off from the previous month.
The latest data published by the NFPA shows industry shipments of fluid power products for September 2013 increased 4.2% compared to September 2012, and decreased 2.6% compared to last month. Mobile hydraulic and pneumatic shipments increased, while industrial hydraulic shipments decreased in September 2013 when compared to September 2012. Mobile hydraulic, industrial hydraulic and pneumatic shipments decreased when compared to last month.
Each point on the graph in Figure 1 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, 91.2 (the August 2013 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from September 2012 to August 2013 were 91.2% of the orders received from September 2011 to August 2012. (Base Year 2008 =100).
The graph in Figure 2 of 12‐month moving averages shows that in September 2013, both pneumatic and hydraulic shipments increased. (Base Year 2008= 100)
The table in Figure 3 is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevan cumulative total for 2013 and the total for the same months in 2012. For example, the August pneumatic shipments figure of ‐3.0 means that for the calendar year through August 2013, pneumatic shipments were down 3.0% compared to the same time period in 2012. (Base Year 2008 = 100)
These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program.
NFPA
www.nfpa.com
