Manufacturing technology consumption up 31 percent
This total was up 32 percent from August 2006 and up 43 percent from September 2005, according to the American Machine Tool Distributors’ Association and the Association for Manufacturing Technology.
With a year-to-date $2.8 billion total, 2006 was up 26 percent compared with 2005.
“Strong sales at September’s International Manufacturing Technology Show pushed year-to-date consumption to its largest lead over 2005,” said John J. Healy, AMTDA president. “It now looks likely that 2006 will post the best results for U.S. investment in advanced manufacturing equipment since 2000.”
U.S. manufacturing technology consumption was also reported on a regional U.S. basis.
At $57.7 million, September Northeast U.S. manufacturing technology consumption was 22.6 percent higher than August’s $47.1 million and 50 percent ahead of the September 2005 total. Year-to-date consumption of $412.5 million was 36 percent higher than the comparable total in 2005.
September manufacturing technology consumption in the Southern region stood at $41.41 million, down 7.1 percent when compared with August’s $44.56 million, and 6 percent less than last September’s tally. With a $372.95 million total, year-to-date consumption was up almost 3 percent from the year-ago figure.
Midwestern September manufacturing technology consumption rose to $126.15 million, a 64 percent increase over August’s $77 million and 15 percent higher than the September total a year ago. With a year-to-date total of $859.6 million, 2006 was running 7 percent ahead of 2005 at the same time.
Totaling $120 million, Central U.S. manufacturing technology consumption in September was 43 percent higher than August’s $83.78 million and 118.8 percent above the total for last September. Year-to-date consumption rose to $734.20 million, 59.6 percent higher than the figure for 2005 at the same time.
With a September $62.1 million total, Western region manufacturing technology consumption was up 10 percent when compared with August’s $56.37 million, and up 65 percent when compared with September a year ago. Totaling $436 million, year-to-date consumption was 46 percent higher than the comparable total in 2005.