PTDA Index rises for sixth straight quarter
The PTDA Business Index indicated the sixth consecutive quarter for business growth among PTDA members, with a reading of 68.1.
Compared with a reading of 70.2 for the second quarter of this year, the recently released third-quarter results indicate the power transmission/motion control industry is expanding at a slower pace than before.
The index reading indicates the rate of change compared with the previous period. A reading of 50 indicates no change from the prior period while readings above 50 indicate growth and below 50 indicate contraction.
The table below provides an overview of the results from the 3Q2011 index and a comparison with 2Q2011.
|
PTDA Quarterly Business Index |
||
|
|
2Q2011 |
3Q2011 |
|
Business Activity |
74.3 |
72.3 |
|
New Orders |
68.2 |
72.6 |
|
Employment |
69.3 |
66.7 |
|
Supplier Deliveries |
69.0 |
60.9 |
|
Inventories |
68.7 |
70.7 |
|
Prices |
87.1 |
89.7 |
|
Backlog |
71.1 |
64.7 |
|
Overall PTDA Index |
70.2 |
68.1 |
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
