Economic News
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 …
ISM: Economic Improvement Continues in 2023
From the Institute of Supply Management Economic improvement in the U.S. will continue in 2023, say the nation’s purchasing and supply management executives …
Some Shipments Dropped in December
The latest shipments data from the National Fluid Power Association shows decreases in pneumatic and mobile hydraulic shipments while industrial hydraulic …
10 Best States for Construction Jobs
From www.conexpoconagg.com. Data from the U.S. Bureau of Labor Statistics shows that the U.S. construction industry lost about 1.5% of its workforce from 2020 …
November Fluid Power Shipments Down
Fluid power shipments dropped in November, according to data from the National Fluid Power Association. Raw index data shows that pneumatic, mobile hydraulic, …
Fluid Power Shipments Grew in October
Some fluid power segments saw growth in October, according to recent numbers from the National Fluid Power Association. Raw index data shows that in October, …
AEM Survey Optimistic: ‘We’ve reached a turning point’
By Benjamin Duyck, Director of Market Intelligence, Association of Equipment Manufacturers. The more things change for the equipment manufacturing industry and …
Shipments Down in September
Some fluid power segments saw decreased shipments in September, according to data from the National Fluid Power Association. Raw index data showed that …
NFPA Economists Forecast Mild Recession Next Year
By Michael Degan, Editor, Fluid Power Journal. Fluid power companies should expect a mild recession next year, according to ITR Economics, which monitors …
Manufacturing Growth Levels Off
From the Institute for Supply Management Manufacturing growth in August registered the same as in July, according to the latest Purchasing Managers Index, a …
Shipments Up in August Rebound
After dropping slightly in July, shipments of fluid power products increased in August, according to data from the National Fluid Power Association. NFPA’s …
Fluid Power Shipments Drop in July
Fluid power shipments fell in July, according to the latest data from the National Fluid Power Association. Raw index data shows that pneumatic, mobile …
Mixed Signals on the Manufacturing Economy
By Michael Degan, Fluid Power Journal Editor Is a recession approaching? There were conflicting signs in July. A falling manufacturing index from the Institute …
Shipments Up in June as Growth Continues
The latest data published by the National Fluid Power Association shows that pneumatic, mobile hydraulic, and industrial hydraulic shipments increased in June …
Manufacturers Raise Pay to Deal with Labor Shortages, Survey Finds
By Michael Degan, _Fluid Power Journal_ Editor Manufacturers have been trying a number of strategies to alleviate a glut of job openings, including …
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