U.S. manufacturing technology consumption totaled $135 million for June, up 22 percent from May but down 69 percent from June 2008.
Association For Manufacturing Technology and the American Machine Tool
Distributors’ Association reported the findings, and also found that with a
year-to-date total of $759 million, 2009 is down 70 percent compared with
“Despite the lack of government programs designed to
specifically stimulate smaller manufacturers, the bottom to this business cycle
may be in sight,” said Douglas K. Woods, president of AMT. “With total
manufacturing technology orders showing positive growth for the second month in
a row, we are hopeful that the end is near to the worst single-year decline in
our industry’s history.”
June manufacturing technology
consumption in the Northeast U.S. totaled $26.78 million, 6 percent less than
the $28.48 million tally for May and off 56.3 percent when compared with June a
year ago. The $154.78 million year-to-date total is down 56.7 percent when
compared with the same period in 2008.
manufacturing technology consumption in June rose to $25.16 million, 85.6
percent higher than May’s $13.56 million, but 67.9 percent lower than the total
for June 2008. At $106.78 million, 2009 year-to-date is off 74.1 percent when
compared with last year at the same time.
With a $36.07
million total, June manufacturing technology consumption in the Midwest was up
29 percent when compared with the $27.96 million total for May, but down 74.7
percent when compared with June 2008. The year-to-date total of $216.13 million
represents a 74.9 percent drop from the comparable figure for 2008.
technology consumption in the Central U.S. rose to $28.70 million, up 39.3
percent when compared with May’s $20.60 million but 72 percent less than the
June 2008 total. With a year-to-date total of $175.60 million, 2009 is down
70.7 percent when compared with 2008 at the same time.
$19.13 million, June consumption in the West was down 7.9 percent from the
$20.77 million total for May and down 63.8 percent when compared with June
2008. The $105.74 million year-to-date total is 65.5 percent less than the comparable
figure for 2008.