PTDA distributors sales up 4.2 percent
The third quarter 2017 Sales History & Outlook Report released by the Power Transmission Distributors Association showed PTDA distributors total sales reached a record high in the third quarter with sales up 4.2 percent from one year ago.
The 4Q2017 PTDA Business Index declined to a reading of 60.1 compared to the second quarter reading of 65.1. The decline in the PTDA Business Index is consistent with trends in the ISM’s U.S. Purchasing Managers Index (PMI), which is generally declining following a tentative peak of 60.2 set in September 2017. However, both readings are above the five-year average of 57.3 and 53.9 respectively.
The PTDA Manufacturer Index declined for the third consecutive quarter to a reading of 60.6 in 4Q2017 from 64.0 in 3Q2017, signaling slowing growth. PTDA distributors also indicated a decline with a 59.4 reading in 4Q2017 versus a 66.5 reading in 3Q2017.
PTDA members participating in SHOR receive the results at no charge approximately 30 days after the close of the calendar quarter. For more specifics on the forecast for power transmission/motion control sales through distribution as well as forecasts for manufacturer sales, purchase the 3Q2017 SHOR at ptda.org/SHOR.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
