Overall, confidence in the equipment finance market is 50.3, steady with the August index of 50.4.
Pump Industry Insider
JKC pump stock index, payrolls & unemployment rates increase.
Overall new business volume for July was $9.9 billion, down 2% year-over-year from new business volume in July 2022.
Confidence in the equipment finance market is 50.4, an increase from the July index of 46.4.
The Customers’ Inventories Index dropped into “too low” territory (46.2% versus 51.4%), a positive sign for future production.
June new business volume up 6% year-over-year, 15% month-to-month and 1.9% year-to-date
Forecasted 0.9% Expansion in Equipment and Software Investment and 1.6% GDP Growth as Recession Looms
Overall, confidence in the equipment finance market is 44.1, an increase from the May index of 40.6.
May new business volume up 1% year-over-year, down 2% month-to-month and up 0.9% year-to-date
A forecast of the end suction pump market in 2023.
The Jordan Knauff & Company (JKC) Valve Stock Index was up 0.2% over the last 12 months, and the broader S&P 500 index was up 0.3%.
One survey respondent doesn't see imminent uptick unless there is return to energy independence.
March new business volume down 2% year-over-year, up 32% month-to-month and up 4& year-to-date.
The employment index fell for the third straight month to 46.9%, its lowest reading since 2020.
The market is also expanded due to the development and availability of IoT-enabled pump controllers and as a result, consumer demand has increased.
Overall, confidence in the equipment finance market is 47.0, a decrease from the March index of 50.3.
As global energy supplies tighten, total U.S. exports of crude oil and refined petroleum products hit record highs.
Grades across 13 categories range from a 'B-' for roads and solid waste to a 'D' for dams.
Markets were volatile due to fears of continued interest rate hikes.
Year-to-date, cumulative new business volume was up nearly 9% compared to 2022.
Research reveals energy concerns impacting business competitiveness, the workforce and decarbonization.
This month’s index is 50.3, a decrease from the February index of 51.8.