USMTC September 11, 2006 pdf

Contact:
John Healy, AMTDA, 301-738-1200
Robert Gardner, AMT, 703-827-5275

Manufacturing technology consumption up 24.4% in 2006

July U.S. manufacturing technology consumption totaled $278.47 million, according to AMTDA, the American Machine Tool Distributors’ Association and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 14.6% from June but up 26.5% from the total of $220.21 million reported for July 2005. With a year-to-date total of $2,056.10 million, 2006 was up 24.4% compared with 2005.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

"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."

The United States Manufacturing Technology Consumption (USMTC) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

U.S. manufacturing technology consumption is also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region

July manufacturing technology consumption in the Northeast Region stood at $38.97 million, 16.7% less than June’s $46.75 million, but up 52.4% when compared with July 2005. Year-to-date consumption of $302.90 million was 27.4% ahead of the comparable figure for 2005.

Southern Region

Southern Region manufacturing technology consumption in July totaled $32.10 million, down 31.7% from June’s $47.01 million and 23.5% less than the July 2005 total. At $278.77 million, the year-to-date total was level with the comparable figure in 2005.

Midwestern Region

At $109.45 million, July Midwestern Region manufacturing technology consumption was 11.5% higher than June’s $98.12 million and 44.2% higher than the July 2005 total. Year-to-date 2006 consumption rose to $640.85 million, 12.3% more than the comparable figure for 2005.

Central Region

Totaling $66.48 million, July manufacturing technology consumption in the Central Region was 24.4% less than the $87.91 million tallied in June, but up 44.4% when compared with July a year ago. With a year-to-date total of $525.51 million, 2006 was running 54.7% ahead of 2005 at the same time.

Western Region

Manufacturing technology consumption in the Western Region in July totaled $31.47 million, down 31.9% when compared with June’s $46.23 million, but 2.4% higher than the July 2005 total. At $308.07 million, year-to-date 2006 consumption was 36.8% ahead of 2005 at the same time.









USMTC September 11, 2006 pdf