Posted June 13, 2011
April manufacturing technology rises
April U.S. manufacturing technology consumption totaled $396.92 million, which was 74.9% higher than April 2010.
According to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors' Association, the monthly total was down 21.0% from March. With a year-to-date total of $1.5 billion, 2011 is up 105.3% compared with 2010.
"It is very encouraging to see year-to-date orders more than double last year's pace particularly with the price of oil, unrest in the Middle East, and the disasters in Japan," said Douglas K. Woods, president of AMT. "Despite April's numbers being slightly lower than March, recent levels of outstanding order activity are now approaching pre-recession levels which is a positive long-term indicator for our industry."
U.S. manufacturing technology consumption is also reported on a regional basis for five geographic breakdowns of the United States.
Northeast Region
At $58.26 million, April manufacturing technology consumption in the Northeast Region was down 24.8% when compared with the $77.43 million total for March but up 61.9% when compared with April a year ago. The year-to-date total of $240.64 million is 93.3% more than the comparable figure for 2010.
Southern Region
April manufacturing technology consumption in the Southern Region totaled $51.30 million, 12.8% more than March's $45.47 million and 61.2% more than the April 2010 total. With a year-to-date total of $184.93 million, 2011 is up 49.7% when compared with 2010 at the same time.
Midwest Region
Midwest Region manufacturing technology consumption in April stood at $124.34 million, 39.5% less than the March total of $205.64 million but up 117.4% when compared with last April. At $554.39 million, the 2011 year-to-date total is 156.7% more than the comparable figure for 2010.
Central Region
Manufacturing technology consumption in the Central Region in April totaled $120.77 million, down 5.0% from March's $127.14 million but up 64.0% when compared with the April 2010 figure. The $456.34 million year-to-date total is 112.6% higher than the total for the same period in 2010.
Western Region
Western Region manufacturing technology consumption totaled $42.25 million in April, 10.1% less than the $47.01 million total for March but 49.1% higher than the tally for April 2010. At $159.68 million, 2011 year-to-date is up 61.5% when compared with last year at the same time.
