ECM Buyers' Guide
  

Manufacturing Technology Consumption Down in 2009

October U.S. manufacturing technology consumption totaled $152.68 million, according to the Association for Manufacturing Technology (AMT), Mclean, Va., and the American Machine Tool Distributors’ Association (AMTDA), Rockville, Md. This total was down 2.8% from September and down 49.0% from the total of $299.28 million reported for October 2008. With a year-to-date total of $1,372.31 million, 2009 is down 65.9% compared with 2008.

“In November, government data confirmed that the manufacturing recession hit bottom during the summer. However, manufacturing technology bookings typically pick up two to three quarters following the overall manufacturing sector,” says Douglas K. Woods, AMT president. “October’s slight decrease from September’s booking is typical of past years and favorably off less than in previous years. Major indicators are still pointing to a turnaround in business, which is welcome news no matter how slow it is expected to grow next year.”

By region, manufacturing technology consumption in the Northeast fell 29.2% from September to $26.27 million. At $268.46 million, the present year-to-date total was down 54.1% compared to 2008.

In the South, manufacturing technology consumption totaled $21.12 million. This was 53.5% higher than September’s $13.75 million but off 36.7% compared with last October. The $187.88 million year-to-date total was 69.0% less than in 2008.

October manufacturing technology consumption in the Midwest hit $47.40 million, down 51.9% compared to the same time last year. The $394.24 million year-to-date total was 70.5% less than in 2008.

Central region manufacturing technology consumption climbed to $35.27 million, 3.2% higher than September but down 58.5% compared to October 2008. With a year-to-date total of $330.02 million, 2009 was down 67.7% from 2008.

In the West, October manufacturing technology consumption totaled $22.62 million, 7.3% less than September and off 39% compared to October 2008. The $191.71 million year-to-date total was down 59.5% compared to last year.

For more information, visit www.amtda.org or www.amtonline.org.

Source: U.S. Manufacturing Technology Consumption, a joint statistical program of AMT and AMTDA.


Want to use this article? Click here for options!





Acceptable Use Policy
blog comments powered by Disqus

what's wrong here?

What's Wrong Here?

Feb 2, 2012 7:54 PM

What's Wrong Here?

Jan 19, 2012 4:06 PM

What's Wrong Here?

Jan 5, 2012 11:53 AM

View all What's Wrong Here?

product spotlight

Labeling tool

Feb 10, 2012 7:58 AM

Labeling tool

The Rhino 4200 labeling tool features one-touch “hot keys” that quickly create and format wire/cable wraps, flags, fixed-length labels and more...

View all 2012 Product Spotlights

Free Product Info

Our Product Information site is the ultimate online resource for products and services offered by Advertisers featured in our Magazine. This service is provided as a quick and easy way to request Product Information online. Get FREE product information now.

Recent Comments

More...


Social Media

More ways to stay informed...

follow us on twitter

Find us on Facebook

EC&M TV

Arlington CP9000

Arlington's new 9" diameter ceiling cover plate is the neatest way to cover unused "high hat" cans. With no tools needed, installation couldn't be faster!...

Arlington Gangable Boxes

Designed for new or retrofit applications, these snap-together gangable plastic boxes eliminate the need to construct a multiple-gang steel box out of several individual ones...

Understanding NEC Requirements for Solar Photovoltaic Systems
During this session, Mike Holt will address possible conflicts or confusing NEC requirements, provide tips on proper electrical installation techniques, and discuss the dangers related to improper installations. View this On Demand Webinar!



resources

product info icon

product info

tradeshow icon

tradeshow

research icon

research

industry links

industry links

rss icon

rss

Browse Back Issues

Browse Back Issues