Manufacturing technology use jumps 83% in 2010

AMT/AMTDA survey shows October purchases more than doubled from 2009 period.

12/13/2010


October U.S. manufacturing technology consumption totaled $387.13 million, according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total, as reported by companies participating in the USMTC program, was down 2.5% from September but up 154.9% when compared with the total of $151.86 million reported for October 2009. With a year-to-date total of $2,477.06 million, 2010 is up 83.2% compared with 2009.

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

“Never in the history of the USMTC have we seen a post-IMTS October rival September so closely,” noted Douglas K. Woods, President of AMT. “Increased Sec. 179 expensing and 50% bonus depreciation enacted in late September helped offset the declines we normally see after a show. Looking ahead, enactment of the pending tax package would give U.S. manufacturers a big boost heading into the New Year.”

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

With a total of $97.59 million, October Northeast Region manufacturing technology consumption was up 51.0% when compared with September’s $64.62 million and up 277.5% when compared with October a year ago. At $461.40 million, 2010 year-to-date was 75.9% higher than the comparable figure a year ago.

Southern Region

Manufacturing technology consumption in the Southern Region in October stood at $40.01 million, 40.2% less than September’s $66.92 million but 84.3% more than the October 2009 total. The year-to-date total of $349.01 million was 86.3% above the comparable figure for 2009.

Midwest Region

October manufacturing technology consumption in the Midwest Region totaled $116.66 million, down 3.3% when compared with the $120.67 million total for September but up 147.5% when compared with October a year ago. The $746.43 million 2010 year-to-date total was 92.2% higher than the total for the same period last year.

Central Region

At $92.45 million, October manufacturing technology consumption in the Central Region was 18.7% less than September’s $113.72 million but up 167.7% when compared with last October. The $651.50 million 2010 year-to-date total was 101.2% above the 2009 total at the same time.

Western Region

Manufacturing technology consumption in the Western Region in October stood at $40.41 million, 29.4% higher than the September total of $31.24 million and 78.6% higher than the total for October 2009. With a year-to-date total of $268.73 million, 2010 was up 40.9% when compared with 2009 at the same time.



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
Control Engineering Leaders Under 40 identifies and gives recognition to young engineers who...
Learn more about methods used to ensure that the integration between the safety system and the process control...
Adding industrial toughness and reliability to Ethernet eGuide
Technological advances like multiple-in-multiple-out (MIMO) transmitting and receiving
Virtualization advice: 4 ways splitting servers can help manufacturing; Efficient motion controls; Fill the brain drain; Learn from the HART Plant of the Year
Two sides to process safety: Combining human and technical factors in your program; Preparing HMI graphics for migrations; Mechatronics and safety; Engineers' Choice Awards
Detecting security breaches: Forensic invenstigations depend on knowing your networks inside and out; Wireless workers; Opening robotic control; Product exclusive: Robust encoders
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
News and comments from Control Engineering process industries editor, Peter Welander.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
Anthony Baker is a fictitious aggregation of experts from Callisto Integration, providing manufacturing consulting and systems integration.
Integrator Guide

Integrator Guide

Search the online Automation Integrator Guide
 

Create New Listing

Visit the System Integrators page to view past winners of Control Engineering's System Integrator of the Year Award and learn how to enter the competition. You will also find more information on system integrators and Control System Integrators Association.

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.