NFPA Reports Continued Growth in March

This graph of raw index data is generated by the total dollar volume reported to NFPA by CSS participants and compared to the average monthly dollar volume in 2018. For example, the March 2023 total dollar volume for pneumatic shipments is 132.0% of the average monthly dollar volume in 2018. (Base Year 2018 = 100)

Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. Each point can be read as a percentage. For example, 113.3 (the March 2023 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from April 2022 to March 2023 were 113.3% of the orders received from April 2021 to March 2022. (Base Year 2018 = 100)

This graph of 12-month moving averages shows that in March 2023, total fluid power, total pneumatic, and total hydraulic all increased. (Base Year 2018 = 100)

The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2023 and the total for the same months in 2022. For example, March 2023 pneumatic shipments figure of 9.6 means that for the calendar year through March 2023, pneumatic shipments increased 9.6% compared to the same time-period in 2022.