Concerns the U.S. may be sliding into an economic recession are not immediately evident among distributors and manufacturers in the recent 2008 Member Forecast Survey of Power Transmission Distributors Association.
Among the 46 distributor respondents, 63 percent anticipate sales growth in 2008, just over a quarter project flat sales and about 11 percent expect a drop.
The 57 manufacturer respondents tend to be a bit more optimistic — 83.6 percent see sales gains and 16.4 percent predict flat sales. Manufacturer respondents don’t predict a decrease in sales.
But many economists and some PTDA members fear a potential perfect storm”could slam the U.S. economy sometime in 2008 then fully impact industrial distribution and many manufacturing …
PTDA Survey: Distributors, Manufacturers Expect Growth in ’08
Concerns the U.S. may be sliding into an economic recession are not immediately evident among distributors and manufacturers in the recent 2008 Member Forecast Survey of Power Transmission Distributors Association.
Among the 46 distributor respondents, 63 percent anticipate sales growth in 2008, just over a quarter project flat sales and about 11 percent expect a drop.
The 57 manufacturer respondents tend to be a bit more optimistic — 83.6 percent see sales gains and 16.4 percent predict flat sales. Manufacturer respondents don’t predict a decrease in sales.
But many economists and some PTDA members fear a potential perfect storm”could slam the U.S. economy sometime in 2008 then fully impact industrial distribution and many manufacturing …
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