September U.S. manufacturing
technology consumption (USMTC) totaled $399.76 million, according to the
American Machine Tool
Distributors’ Association (AMTDA)
The Association for Manufacturing Technology (AMT).
This total, as reported by companies
participating in the USMTC program, was up 66.1% from August and up 156.8% when
compared with the total of $155.69 million reported for September 2009. With a year-to-date total of $2,090.27 million,
2010 is up 74.1% compared with 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.
“September 2010 was a
watershed in the recovery from the recession of 2008 (to ) 2009," AMTDA President Peter Borden said. "The
1,992 units sold this month is the highest number since September of 2008 and
demonstrates the resilience and staying power of the U.S. manufacturing base.
"More remarkably, this was done
while many factories are running below the capacity levels that require capital
goods purchases, despite the tight credit, and in spite of questions about government
debt and potential tax increases," Borden continued. "The catalysts
of the successful IMTS, the weaker dollar, and the passage of bonus depreciation
paid surprising and long awaited dividends.”
The USMTC report 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
manufacturing technology consumption is also reported on a regional basis for
five geographic areas of the United
States. They include:
The Northeast Region---Manufacturing technology consumption in the Northeast Region in September
stood at $64.44 million, 66.3% higher than August’s $38.76 million and 77.3%
above the September 2009 total. The
year-to-date total of $362.73 million was 53.4% more than the comparable figure
technology consumption in the Southern Region totaled $66.85 million, up 119.9%
when compared with the $30.4 million total for August and up 389.4% when
compared with September a year ago. The $308.65 million 2010 year-to-date total
was 86.4% higher than the total for the same period last year.
The Midwest Region---At $121.80 million, September manufacturing
technology consumption in the Midwest Region was 49.0% more than August’s
$81.75 million and up 157.6% when compared with last September. The $629.19
million 2010 year-to-date total was 84.4% above the 2009 total at the same
The Central Region---Manufacturing technology consumption in the Central Region in September
stood at $114.99 million, 77.0% more than the August total of $64.95 million
and 238.3% higher than the total for September 2009. With a year-to-date total of $561.03 million,
2010 was up 94.0% when compared with 2009 at the same time.
The Western Region---With a total of $31.68 million, September Western Region manufacturing
technology consumption was up 27.5% when compared with August’s $24.84 million
and up 29.8% when compared with September a year ago. At $228.66 million, 2010 year-to-date was
36.0% higher than the comparable figure a year ago.