Manufacturing technology rises in June
October 1, 2009
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U.S. manufacturing technology consumption totaled $135
million for June, up 22 percent from May but down 69 percent from June 2008.
The 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 2008.
“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.
Southern region 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.
Manufacturing 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.
At $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.
The 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 2008.
“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.
Southern region 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.
Manufacturing 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.
At $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.
