Manufacturing technology consumption rises
April U.S. manufacturing technology consumption totaled $222.36 million, up 102.7% from $109.69 million reported for April 2009.
With a year-to-date total of $783.03 million, 2010 is up 50.6% compared with 2009.
The total, reported by AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors' Association, was down 15.6% from March.
"Cautious spending on manufacturing technology in January and February pushed higher levels of investment into the later part of the first quarter, propping up March results," said Douglas K. Woods, AMT president. "While April dipped slightly as compared to March, the level of activity was more than 100 percent better than a year ago. We expect this investment level to be more typical as the year progresses, reflecting manufacturers' continued cautious optimism."
U.S. manufacturing technology consumption is also reported on a regional basis for five geographic breakdowns of the United States.
Northeast Region
With a total of $33.90 million, Northeast Region manufacturing technology consumption in April was 6.3% less than March's $36.18 million but 39.8% more than last April's total. The year-to-date total of $122.90 million was 19.7% above the comparable figure in 2009.
Southern Region
April manufacturing technology consumption in the Southern Region stood at $28.68 million, down 36.0% when compared with the $44.80 million total for March but up 109.1% when compared with April a year ago. The $122.05 million year-to-date total was 76.7% higher than the total for the same period in 2009.
Midwest Region
At $57.97 million, April manufacturing technology consumption in the Midwest Region was down 26.7% from March's $79.08 million but up 82.2% when compared with April a year ago. The $217.40 million year-to-date total was 41.7% more than the 2009 total at the same time.
Central Region
Totaling $73.20 million, Central Region manufacturing technology consumption in April rose 8.2% when compared with March's $67.65 million and was 185.6% above the total for last April. At $221.36 million, 2010 year-to-date was 73.2% higher than the comparable figure a year ago.
Western Region
Western Region manufacturing technology consumption in April totaled $28.62 million, a drop of 19.9% when compared with the $35.74 million tallied in March but up 100.4% when compared with April 2009. With a year-to-date total of $99.32 million, 2010 was up 48.2% when compared with 2009 at the same time.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
