NFPA Scoreboard

GROWING SINCE EARLY 2021

The latest data published by the National Fluid Power Assoc. (NFPA) shows the 12-month moving average of shipments for pneumatic, hydraulic and total fluid power have been growing since February 2021. The year-to-date percent change for total fluid power shipments in June 2022 is 15.5%.

Mobile hydraulic orders received from July 2021 to June 2022 are currently 119.6% of the orders received from July 2020 to June 2021. When looking at raw index data, pneumatic, mobile hydraulic, and industrial hydraulic shipments all increased when compared to last month.

Fluid power touches nearly every segment of the economy and can help identify business trends. ■

SHIPMENTS TOTAL FLUID POWER Apr-22 13.7% May-22 14.9% Jun-22 15.5% TOTAL HYDRAULIC Apr-22 15.5% May-22 17.0% Jun-22 18.2% TOTAL PNEUMATIC Apr-22 8.0% May-22 8.4% Jun-22 7.6%

The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2022 and the total for the same months in 2021. For example, June 2022 pneumatic shipments figure of 7.6 means that for the calendar year through June 2022, pneumatic shipments increased 7.6% compared to the same time-period in 2021.

ABOUT THE SCOREBOARD ABOUT THE This information is drawn from data collected from SCOREBOARD more than 85 manufacturers of fluid power products This information is drawn from data collected by NFPA’s Confidential Shipment Statistics (CSS) from more than 80 manufacturers of fluid power program. More information is available to NFPA products by NFPA’s Confidential Shipment Statistics members. For information on membership contact (CSS) program. More information is available to NFPA at (414) 778-3344. NFPA members. For information on membership contact NFPA at (414) 778-3344.

(Base Year 2018 = 100) HYDRAULIC AND PNEUMATIC SHIPMENTS

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 June 2022 total dollar volume for pneumatic shipments is 117.2% of the average monthly dollar volume in 2018.

PNEUMATIC, MOBILE AND INDUSTRIAL HYDRAULIC ORDERS INDEX

(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, 131.1 (the June 2022 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from July 2021 to June 2022 were 131.1% of the orders received from July 2020 to June 2021.

(Base Year 2018 = 100) TOTAL: HYDRAULIC AND PNEUMATIC SHIPMENTS

This graph of 12-month moving averages shows that in May 2022, the moving averages for shipments continued to increase across the board.