Technology consumption up

Aug. 31, 2006

June U.S. manufacturing technology consumption totaled $322.68 million, according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors' Association. As reported by companies participating in the United States Manufacturing Technology Consumption (USMTC) program, the total was 0.4 percent lower in June from May, but up 26.7 percent from the total of $254.74 million reported for June 2005. With a year-to-date total of $1,774.48 million, manufacturing technology consumption in 2006 is up 23.9 percent compared with the previous year.
U.S. manufacturing technology consumption also is reported on a regional basis for five geographic areas of the United States.
Northeast region consumption in June stood at $43.35 million, down compared with May, but 20.9 percent higher than June last year. The year-to-date total of $260.53 million is up 22.8 percent compared to last year.
Southern region consumption rose to $47.01 million, up 19.1 percent from May and 47.7 percent higher than June of last year. Year-to-date consumption rose to $246.66 million for a 4 percent increase over 2005.
Midwestern region totaled $97.91 million, level with May, but up 9.7 percent from the previous June. The region's $531.40 million year-to-date consumption is 7.4 percent higher than last year.
Central region consumption rose to $88.08 million, up 6.9 percent over May and 51.5 percent over June of last year. The region is running 56.3 percent ahead of last year with a year-to-date total of $459.20 million.
Western region's June consumption of $46.32 million is down 17.4 percent compared with May, but 17.0 percent higher than its June 2005 total. Year-to-date consumption totaled $276.69 million, 42.3 percent ahead of 2005.