The Power Transmission Distributors Association (PTDA) reported that U.S. distributors and manufacturers experienced overall growth in sales in 2008 while their Canadian counterparts experienced a decline in sales. Confidence in the market (as measured on a scale of 1 to 10 with 10 being most optimistic) has eroded overall, holding a current neutral position between 4.6 and 5.2 versus a range of 5.0 to 5.8 at year-end 2007.
Growth in sales of PT/MC products is definitely slowing. Following a moderate growth rate of 6.6% in 2007, U.S. distributors saw a 4.3% increase in PT/MC product sales in 2008. The annualized sales-to-inventory ratio for 2008 was at 6.5, compared to 7.6 in 2007.
Canadian distributors ended the year with a drop in sales of 0.5%, …
PT/MC Sales Continue To Slow
The Power Transmission Distributors Association (PTDA) reported that U.S. distributors and manufacturers experienced overall growth in sales in 2008 while their Canadian counterparts experienced a decline in sales. Confidence in the market (as measured on a scale of 1 to 10 with 10 being most optimistic) has eroded overall, holding a current neutral position between 4.6 and 5.2 versus a range of 5.0 to 5.8 at year-end 2007.
Growth in sales of PT/MC products is definitely slowing. Following a moderate growth rate of 6.6% in 2007, U.S. distributors saw a 4.3% increase in PT/MC product sales in 2008. The annualized sales-to-inventory ratio for 2008 was at 6.5, compared to 7.6 in 2007.
Canadian distributors ended the year with a drop in sales of 0.5%, …
Share this article
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
