Manufacturing Technology Consumption Up 16% in Nov.

Jan. 11, 2010
However the figure was down 16% from last year.

U.S. manufacturing technology consumption totaled $178.83 million, according to AMTDA, the American Machine Tool Distributors' Association, and AMT -- The Association For Manufacturing Technology.

This total was up 16.0% from October but down 16.2% from the total of $213.50 million reported for November 2008.

With a year-to-date total of $1,552.53 million, 2009 is down 63.4% compared with 2008.

"The three month upward trend in manufacturing technology order values is great news for the industry and the country, despite unit levels stubbornly hovering around 1,000," said Peter Borden, AMTDA President. "As we turn the calendar and our attention to 2010, we're hopeful that Washington will pass legislation allowing American manufacturing to rebuild not only its employment levels and backlogs, but also to improve our balance of trade and our country's economy."

In the Northwest region, consumption totaled $33.32 million, up 27.1% when compared with the $26.21 million total for October but off 16.5% when compared with November a year ago.

Totaling $27.48 million, Southern Region consumption rose 26.6% above Octobers $21.71 million but was 12.6% less than the total for November 2008. At $215.96 million, 2009 year-to-date was off 66.1% when compared with last year at the same time.

With a total of $49.35 million, Midwest Region consumption was 2.2% higher than October's $48.27 million but off 31.5% when compared with November a year ago. The year-to-date total of $444.35 million was 68.5% less than the comparable figure in 2008.

And at $49.26 million, consumption in the Central Region was up 39.3% from Octobers $35.36 million but down 2.2% when compared with November a year ago. The $379.36 million year-to-date total was 64.6% less than the 2008 total at the same time.

Western Region consumption stood at $19.43 million, 14.1% less than October's $22.62 million and down 1.5% when compared with November 2008. With a year-to-date total of $211.13 million, 2009 was down 57.2% when compared with 2008 at the same time.

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