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