Following last month’s jump in sales, U.S. distributors’sales of PT/MC products continue to increase with a 2.2 percent growth from May to June, according to the Power Transmission Distributors Association June 2007 month-end trend report. Year-to-year comparisons remain positive with sales in June 2007 coming in 4.7 percent higher than in June 2006. Accounts receivable collection days continue to decline, dropping 1.4 percent when compared to May. The June 2007confidence index for U.S. distributors remained unchanged for the fourth month in a row at 6.6 (on a 10-point scale).
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Canadian distributors’sales in PT/MC products fell 2.1 percent from May to June after a rise in last month’s sales. Year-to-year comparisons were relatively stable with a 0.3 percent increase over …
PT/MC Sales Up 2.2% in June
Following last month’s jump in sales, U.S. distributors’sales of PT/MC products continue to increase with a 2.2 percent growth from May to June, according to the Power Transmission Distributors Association June 2007 month-end trend report. Year-to-year comparisons remain positive with sales in June 2007 coming in 4.7 percent higher than in June 2006. Accounts receivable collection days continue to decline, dropping 1.4 percent when compared to May. The June 2007confidence index for U.S. distributors remained unchanged for the fourth month in a row at 6.6 (on a 10-point scale).
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Canadian distributors’sales in PT/MC products fell 2.1 percent from May to June after a rise in last month’s sales. Year-to-year comparisons were relatively stable with a 0.3 percent increase over …
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