Issue #44  •  Fall 2016

 

The Newsletter of the

Web Sling & Tie Down Association

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WSTDA Quick Pulse Survey: 2016 1st and 2nd Quarter Analysis

WSTDA’s 2016 1st and 2nd Quarter “Quick Pulse Survey” responses reflect the continuing trend of even-keel demand for web slings, roundslings, and tie downs, and a higher rate of rising demand for components and material supplies during the first half of 2016. Profit margins on web slings show an uptick while roundsling profit margins reflect a slight downward trend. Exports of web slings, roundslings and tie downs are all performing solidly, with 85% of respondents reporting even performance compared to the prior year and the remainder reporting an uptick in export activity.

These are just some of the insights provided by WSTDA’s quarterly Quick Pulse survey, which helps business owners gauge the current and future business environment to compare to their own operations and help guide their business forecasting and planning. WSTDA’s quarterly Quick Pulse Survey is the only source for the overall outlook for growth, employment, demand, margin expansion/contraction, supply shortages (labor, goods) and exporting activity in the web sling and tie down industry. It is a useful tool for analysis by business owners who need to gauge the current and future business environment to help guide their business forecasting and planning.

Broad participation in the quarterly Quick Pulse survey is paramount, so that results truly reflect the industry as a whole. Following the end of each calendar quarter, WSTDA emails a survey request to one person at each member organization. No company’s individual responses are released; only an aggregated report is provided to WSTDA members.

Be sure to participate in this free service provided by WSTDA by responding to the 3rd quarter survey, coming in early October.

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© 2016 Web Sling & Tie Down Association

9 Newport Dr., Suite 200 • Forest Hill, MD 21050 • phone: 443-640-1070 • fax: 443-640-1031 • wstda@stringfellowgroup.netwww.wstda.com