September manufacturing technology consumption up 66.1%
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
“September 2010 was a watershed in the recovery from the recession of 2008-9. The 1,992 units sold this month is the highest number since September of 2008 and demonstrates the resilience and staying power of the U.S. manufacturing base,” said Peter Borden, AMTDA President. “More remarkably, this was done while many factories are running below the capacity levels that require capital goods purchases, despite the tight credit, and in spite of questions about government debt and potential tax increases. The catalysts of the successful IMTS, the weaker dollar, and the passage of bonus depreciation paid surprising and long awaited dividends.”
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.
Manufacturing technology consumption in the Northeast Region in September stood at $64.44 million, 66.3% higher than August’s $38.76 million and 77.3% above the September 2009 total. The year-to-date total of $362.73 million was 53.4% more than the comparable figure for 2009.
September manufacturing technology consumption in the Southern Region totaled $66.85 million, up 119.9% when compared with the $30.40 million total for August and up 389.4% when compared with September a year ago. The $308.65 million 2010 year-to-date total was 86.4% higher than the total for the same period last year.
At $121.80 million, September manufacturing technology consumption in the Midwest Region was 49.0% more than August’s $81.75 million and up 157.6% when compared with last Sep-tember. The $629.19 million 2010 year-to-date total was 84.4% above the 2009 total at the same time.
Manufacturing technology consumption in the Central Region in September stood at $114.99 million, 77.0% more than the August total of $64.95 million and 238.3% higher than the total for September 2009. With a year-to-date total of $561.03 million, 2010 was up 94.0% when compared with 2009 at the same time.
With a total of $31.68 million, September Western Region manufacturing technology con-sumption was up 27.5% when compared with August’s $24.84 million and up 29.8% when compared with September a year ago. At $228.66 million, 2010 year-to-date was 36.0% higher than the comparable figure a year ago.
MORE INDUSTRY NEWS
Automation Federation to present at 2017 Workforce Development Institute conference
The presentation by the Automation Federation, “Cybersecurity Career Pathways for Protecting Critical Infrastructure,” will be delivered at 11...
R&S PACE 2 – the Deep Packet Inspection (DPI) engine by Rohde & Schwarz Cybersecurity – now enables Infotecs’ ViPNet xFirewall to inspect web...
Hannover Fairs partners with FABTECH to co-locate IANA and MDA North America with FABTECH Chicago
Co-locating Industrial Automation North America and MDA North America at FABTECH Chicago allows Hannover Fairs USA to provide these two key...
Endress + Hauser earns IACET accreditation for IACET Continuing Education Units (CEUs)
Upcoming classes in 2017 which offer CEUs at Endress+Hauser include I-101 Basic instrumentation in January, March, June, and September in...
Lenze Americas announces appointment of Ralph Rosa as president
Rosa brings a strong track record to Lenze with more than 25 years of experience at Eaton Corporation in the controls, automation, power...
Perspectives on Digital Transformation: A Look at the Future of Automation Through the Eyes of Dell
By Bill Lydon, Editor, Automation.com
The Dell EMC World 2016, in October, was a thought-provoking experience, where Dell set forth their bright...
Wireless Switches & Sensors - New Control Possibilities
By Steute USA
Clearly, wireless technology has been widely accepted and embraced in the industrial community. This has resulted in the development...
Schneider Electric recognizes 50th anniversary of SimSci process simulation solution
SimSci process simulation solutions serve 23 of the world’s top 25 petroleum companies; 48 of the top 50 chemical companies; and all of the top...
FIPA delivers machine handling for Foilpuller automated sheet metal system
Featuring cycle times of 30–45 seconds, the CNC-controlled Foilpuller with FIPA EOAT and vacuum technology automates the film-removal process for...
Empowering the Workforce to Control the Future of Automation
By Peter Martin, Schneider Electric Process Automation
Connected products are expected to approach 30 billion by 2020, with utilities,...