June Manufacturing Technology Consumption Up 36%

Source: ControlDesign.com

Aug 30, 2010

U.S. manufacturing technology consumption in June totaled $241 million, according to AMT—The Assn. for Manufacturing Technology (www.amtonline.org) and the American Machine Tool Distributors' Assn. (www.amtda.org).  This total, as reported by companies participating in the U.S. Manufacturing Technology Consumption (USMTC) program, was up 36% from May and up 71% from the $141 million reported for June 2009. With a year-to-date total of $1.2 billion, 2010 is up 56% compared with 2009.

“Increased foreign direct investment and a doubling of orders in aerospace and construction equipment through the first half 2010 resulted in an acceleration of USMTC orders,” said Douglas Woods, president of AMT.

The report provides U.S. consumption data of manufacturing technology and domestic and imported machine tools and related equipment.

June’s Northeast Region manufacturing technology consumption was up 52% when compared with May’s $34 million, and up 91% when compared with June a year ago. At $211 million, 2010’s year-to-date was 33% higher than the figure a year ago.

Southern Region manufacturing technology consumption in June stood at $35 million, 19% higher than May and 37% higher than the June 2009 total. With a YTD total of $189 million, 2010 was up 75% compared with the same 2009 period.

At  $73 million, Midwest Region manufacturing technology consumption in June rose 70% compared with May and 83% higher than last June’s total. The YTD total of $335 million was 51% more than the 2009 figure.

June manufacturing technology consumption in the Central Region totaled $57 million, up 7% when compared with the $53 million total for May and up 97% when compared with June a year ago. The $329 million year-to-date total for 2010 was 85% higher than the total for the same period last year.

At $26 million, June manufacturing technology consumption in the Western Region was up 38% from May’s $19 million and up 28% when compared with last June. The $144 million year-to-date total was 33% more than the 2009 total at the same time.

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