PT/MC industry growth slowing
The power transmission/motion control industry experienced slower growth in the second quarter compared to the first quarter of 2015.
The PTDA Business Index reading of 46.6 for 2Q2015 was down from 67.7 in Q12015.
This is the first time the Index, created in late 2010, has shown contraction in business activity, employment and inventories affecting the PT/MC industry.
The entire 2Q2015 PTDA Business Index report is available through PTDA’s website at ptda.org/Index. It includes distributor and manufacturer breakout data in addition to historical data. The PTDA Business Index is modeled after the widely respected Purchasing Managers Index (PMI) and tracks change in business activity, new orders, employment, supplier deliveries, inventories, prices and backlog in the PT/MC industry to arrive at an overall 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.
