Both U.S. and Canadian manufacturers experienced a drop in sales in March 2009 according to sales data released by the Power Transmission Distributors Association. Confidence in the market (as measured on a scale of 1 to 10 with 10 being most optimistic) has also eroded, holding a current negative position between 4.6 and 4.9.
Following a negligible increase in sales in February 2009,
Canadian manufacturers’ sales were down 7.9% compared to February 2009. Sales were down 29.0% when compared to the …
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