PTDA members expect slower growth
The PTDA Business Index for 1Q2014 indicates continued growth in the power transmission/motion control market but tempered expectations for year-end 2014.
This quarterly survey of PTDA’s distributor and manufacturer members continues to point to growth, with the 1Q2014 Business Index at 63.6, up from the 4Q2013 reading of 60.2. However, when asked about their outlook for the entire year, survey participants lowered their expectations from 7% growth to 6% growth, suggesting expectations of weakness later in the year.
The index reading indicates the rate of change compared with the previous period. For example, a reading of 50 indicates no change from the prior period while readings above 50 indicate growth and below 50 indicate contraction.
The entire 1Q2014 PTDA Business Index report is available through PTDA’s website at www.ptda.org/index.
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.
