July U.S. manufacturing technology consumption totaled $278.47 million, according to the American Machine Tool Distributors' Association and the Association For Manufacturing Technology.
This total was down 14.6 percent from June, but up 26.5 percent from the $220.21 million reported for July 2005. With a year-to-date total of $2 billion, 2006 was up 24.4 percent compared with 2005.
"July was well ahead of the year-ago month and also up almost 25 percent for the year-to-date," said John J. Healy, AMTDA president. "Continued strength can be expected as a result of the trends that historically follow the International Manufacturing Technology Show in Chicago in September."
July manufacturing technology consumption in the Northeast region stood at $38.97 million, 16.7 percent less than June's $46.75 million, but up 52.4 percent when compared with July 2005. Year-to-date consumption of $302.90 million was 27.4 percent ahead of the comparable figure for 2005.
Southern manufacturing technology consumption in July totaled $32.10 million, down 31.7 percent from June's $47.01 million and 23.5 percent less than the July 2005 total. At $278.77 million, the year-to-date total was level with the comparable figure in 2005.
At $109.45 million, July Midwestern manufacturing technology consumption was 11.5 percent higher than June's $98.12 million and 44.2 percent higher than the July 2005 total. Year-to-date 2006 consumption rose to $640.85 million, 12.3 percent more than the comparable figure for 2005.
Totaling $66.48 million, July manufacturing technology consumption in the Central U.S. was 24.4 percent less than the $87.91 million tallied in June, but up 44.4 percent when compared with July a year ago. With a year-to-date total of $525.51 million, 2006 was running 54.7 percent ahead of 2005 at the same time.
Manufacturing technology consumption in the Western region in July totaled $31.47 million, down 31.9 percent when compared with June's $46.23 million, but 2.4 percent higher than the July 2005 total. At $308.07 million, year-to-date 2006 consumption was 36.8 percent ahead of 2005 at the same time.
Manufacturing technology up 24 percent in 2006
November 6, 2006