NFPA offers a variety of market information reports aimed at assessing the current state and size of the fluid power industry, and the market and macroeconomic factors driving industry growth and contraction.  But one key report helps members look into the future with forecasts for the industry and most popular customer markets…the new NFPA Forecast Report: U.S. Customer Markets.

This new subscription-based service has forecasts supplied by Alan Beaulieu and the Institute for Trend Research (ITR). Alan Beaulieu is a long-standing favorite presenter at the NFPA Industry & Economic Outlook Conference, and ITR is the only economic trend forecaster with a 96% accuracy rate. 

Subscribers to this new service will receive monthly reports including forecasts of 31 customer markets, plus a forecast for the fluid power industry.  The forecasts will predict market and industry growth for the current year, plus the subsequent four years.  An additional report from NFPA with a more detailed look at seven customer markets and seven economic indicators considered to have the strongest connection to fluid power is also included.  And, as a monthly service, NFPA members who subscribe will have exclusive and continuous year-round access to the latest ITR predictions, setting a new standard in access to forward looking information.

This monthly forecast service will be available to members for $360 per year.  Members who subscribed to the previous forecast service in October will receive this new monthly report for the balance of their annual subscription.  Contact Eric Armstrong with questions at 414-778-3372 or earmstrong@nfpa.com.

Members can subscribe by clicking here.

View a Sample Report.

Forecast available for the following markets:

Class 8 Trucks
Medical Equipment
Construction Machinery
Mining & Oil Field Machinery
Fabricated Metal Products
Motor Vehicles
Farm Machinery & Equipment
Packaging Machinery
Food Products Production
Paper Industries Machinery
General Industrial Machinery
Petroleum Refining Production
Industrial Machinery New Orders
Plastics Product Manufacturing
Internal Combustion Engines
Process Control Instruments
Lawn & Garden Machinery
Semiconductors & Related Equipment
Machine Tools – Cutting
U.S. Total Industrial Production
Machine Tools – Forming
Wood Products Production
Material Handling Equipment
Amusement Parks Construction
Chemicals & Allied Products
Logging Production
Motor Vehicle Parts/Accessories
Oil & Gas Mining Production
Rubber & Plastics Production
Ship Building Production
Utilities Production
Fluid Power Industry