Industry Headlines

January Manufacturing Technology Consumption 26% Ahead of Last January

March 9, 2010
/ Print / Reprints /
ShareMore
/ Text Size+

January U.S. manufacturing technology consumption (USMTC) totaled $130.96 million, according to the American Machine Tool Distributors’ Association (AMTDA), the , and The Association For Manufacturing Technology (AMT).  This total, as reported by companies participating in the USMTC program, was down 40.3% from December but up 26.2% from the total of $103.77 million reported for January 2009.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

“Many customers placed orders in December to take advantage of tax relief measures, pulling orders out of January 2010,” said Peter Borden, AMTDA President.  “The good news is that January 2010 orders are still 26% ahead of January 2009.  Fortunately, there are measures moving through Congress that will expand these benefits, incentivizing manufacturers to invest in capital equipment in 2010.”

The United States Manufacturing Technology Consumption (USMTC) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment.  Analysis of manufacturing technology consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

U.S. manufacturing technology consumption is also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region

January manufacturing technology consumption in the Northeast Region totaled $25.88 million, down 40.5% when compared with the $43.49 million total for December but up 31.4% when compared with January a year ago.

Southern Region

Totaling $28.51 million, Southern Region manufacturing technology consumption in January fell 3.6% below December’s $29.57 million but was 95.8% higher than the total for January 2009.

Midwest Region

With a total of  $37.41 million, Midwest Region manufacturing technology consumption in January was 39.9% less than December’s $62.22 million but up 31.2% when compared with January a year ago. 

Central Region

At $27.10 million, January manufacturing technology consumption in the Central Region was down 50.6% from December’s $54.81 million but up 6.0% when compared with January a year ago.  

Western Region

Western Region manufacturing technology consumption in January fell 58.7% to $12.06 million when compared with December’s $29.22 million and was down 21.8% when compared with January 2009.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

THE MAGAZINE

Quality Magazine

cover_image

2014 April

Check out the April 2014 edition of Quality Magazine for features!
Table Of Contents Subscribe

Manufacturing Process

Has/does news about a manufacturers’ recall (like the GM recall in the news now) cause you or your company to reexamine its manufacturing process?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png