Overall, confidence in the equipment finance market is 44.1, an increase from the May index of 40.6.
Pump Industry Insider
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.