This model is now struggling for several reasons.
Pump Industry Statistics
Overall, confidence in the equipment finance market is 48.7, a decrease from the August index of 50
Amid concerns about slower growth for the global economy, the Export Orders Index slipped into contraction territory.
Market is weakening as threats of a recession intensify.
More investments in digitalization are required to make it happen.
Government spending declined for a third straight quarter.
Large increase of executives say they believe business conditions will improve over the next four months
The COVID-19 pandemic has had both a positive and a negative effect on the motion control market.
Major stock indexes have fallen in the last year.
Fewer executives responding said they believe business conditions will improve over the next four months.
Following negative GDP growth in Q1, downside risks continue to plague the U.S. economy.
Gas prices were already escalating well before the conflict with Russia and Ukraine.
Year-to-date, cumulative new business volume was up nearly 8 percent compared to 2021.
Customer inventories had its largest decline in six months.
Interest rates and federal uncertainties are causes for concern in the future.
The growth at a CAGR of 7% during the forecast period.
Global manufacturing production value to hit $44.5 trillion in 2022
Measure, calculate, reduce and report before taking on such an undertaking.
Confidence level has decreased seven points, per report.
The Jordan, Knauff & Company (JKC) Valve Stock Index was up 7.3% over the last 12 months, and the broader S&P 500 index was up 12.7%.
Normalcy could return once supply chain catches up.