Fluid Power Journal

Economic News

Hydraulic and Pneumatic Industry Trends With NFPA

The latest data published by the National Fluid Power Association shows January 2024 total fluid power shipments increasing 12.6% month over month and …

Manufacturing PMI® at 47.4% — December 2023 Manufacturing ISM® Report On Business®

New Orders and Backlogs Contracting, Production Expanding; Employment Contracting Supplier Deliveries Faster, Raw Materials Inventories Contracting; …

Manufacturing PMI® at 47.4%; December 2023 Manufacturing ISM® Report On Business®

TEMPE, Ariz., Jan. 3, 2024, PRNewswire  Economic activity in the manufacturing sector contracted in December for the 14th consecutive month following a …

Manufacturing PMI® at 46.7% For October 2023 Manufacturing ISM® Report On Business®

From ISM​. Issued: November 1st, 2023 (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in October for the 12th consecutive month …

Fluid Power Industry Growth Trend

The latest data published by the National Fluid Power Association shows the 12 month moving average of shipments for total fluid power, hydraulic, and …

US Manufacturing PMI for September 2023 Contracts to 49%

From the Institute of Supply Management. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in September for the 11th consecutive …

Fluid Power Industry Growth Trend

The latest data published by the National Fluid Power Association shows the 12 month moving average of shipments for hydraulic and total fluid power plateau …

Global US Manufacturing PMI Increases in September

From S&P Gobal The S&P Global US Manufacturing PMI increased to 48.9 in September of 2023 from 47.9 in August, beating forecasts of 48, preliminary …

Fluid Power Industry Growth Trend

The latest data published by the National Fluid Power Association shows the 12 month moving average of shipments for hydraulic and total fluid power plateau …

Fluid Power Industry Growth Trend

Data published by the National Fluid Power Association shows the 12 month moving average of shipments for pneumatics, hydraulics, and total fluid power …

Restoring Control Over Strategic Sourcing and Inventory Management

By Wil G. Knibloe III, managing principal, supply chain and Stephen F. Wiley is principal and manufacturing advisory leader with Crowe. After several …

NFPA Reports Continued Growth in March

Data published by the National Fluid Power Association shows the 12 month moving average of shipments for pneumatics, hydraulics, and total fluid power …

Increasing Demand for Industrial Robots by Manufacturers to Boost Market Growth

Report by Market Research Future (MRFR). According to the research report published by Market Research Future (MRFR), the Motion Control Market could thrive at …

NFPA Reports Continued Growth in March

The latest data published by the National Fluid Power Association shows the 12-month moving average of shipments for pneumatics, hydraulics, and total fluid …

Hydraulic Excavator Market Overview

Report by Market Research Future The hydraulic excavator market is expected to reach USD 106.73 billion by 2030, with a CAGR of 4.33%, as reported by the …

The Laborers are Few While Jobs Abound

With 9.9 million job openings in the economy and 5.7 million people looking for jobs, the labor market is tight, with only 58 job seekers for every 100 job …

Growth Continues in February Shipments

The latest data published by the National Fluid Power Association shows the 12-month moving average of shipments for pneumatics, hydraulics, and total fluid …

Growth Reported in January Shipments

Fluid power shipments grew in January, according to data from the National Fluid Power Association. Raw index data shows that pneumatic, mobile hydraulic, and …

Manufacturing Contracts, but Is the Worst Over?

Fluid Power Journal Staff Report. February data continued the trend of contracting growth in manufacturing, but signs of stabilization may indicate that the …

Debt Ceiling Brinksmanship Hurts U.S. Manufacturing

By Kip Eideberg, Senior Vice President of Government and Industry Relations, Association of Equipment Manufacturers The last time we tipped dangerously close …