Confidence on the Rise for 2014 U.S. Fluid Power Industry

National Fluid Power Association LogoIn January and July of each year, the National Fluid Power Association (NFPA) conducts its Industry & Market Outlook Survey. The July 2013 survey was sent to marketing representatives of NFPA manufacturing and distributor members. The following is a summary of responses received as of August 1, 2013.

 Whereas the results are prepared as a service to members, we do not feel it appropriate to share all of the results. However, the results of the following question piqued our interest:

What are you expectations for 2014 (expectations for 2013 are in parenthesis)?

 

Major Decrease

Moderate Decrease

Little or No Change

Moderate Increase

Major Increase

Overall U.S. Economy

0% (2%)

18% (22%)

34% (35%)

48% (40%)

0% (1%)

U.S. Fluid Power Industry

1% (2%)

15% (17%)

31% (36%)

51% (42%)

2% (3%)

At Your Company

0% (1%)

10% (6%)

27% (29%)

57% (22%)

7% (9%)

The mission of the NFPA is to strengthen the fluid power industry and their members by:

  • Building and connecting members to an educated fluid power workforce
  • Promoting the technological advancement of fluid power
  • Serving as a forum where all fluid power channel partners work together

We would love to hear from you. What are your expectations for 2014?

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