Manufacturing Technology Consumption Slips In April

Both nationally and by region, April totals fell well below the March levels; Central region now on par with the Midwest.

MCLEAN, Va. – U.S. manufacturing technology consumption reached $281.54 million in April, down 27.2 percent from March, but up 2.2 percent from April 2006, according to the Association For Manufacturing Technology (AMT) and the American Machine Tool Distributors’ Association (AMTDA).

The year-to-date total of $1.259 billion was up 8.7 percent over 2006.

By region, the Northeast saw a decrease of 20.6 percent from March to $44.27 million for April. The year-to-date total was $197.58 million, 11.9 percent higher than 2006.

At $37.12 million, the Southern region’s manufacturing technology consumption was down 17.6 percent from March. The $153.60 million year-to-date total was 7 percent lower than 2006.

The Midwest saw $81.28 million in technology consumption, a 31 percent decrease from March. The year-to-date total of $351.76 million was up 1.8 percent over 2006.

The Central region technology consumption for April reached $77.4 million, down 25.7 percent from March. At $351.87 million, the year-to-date total was up 20 percent over 2006.

“Strength in the oil field and auto sectors has brought increased demand in the Central region of the country,” said John B. Byrd III. “Through April, this region has the greatest increase in consumption, bringing it into a tie with the traditional leader, the Midwest region.”

In the Western region, technology consumption totaled $41.48 million, down 34.9 percent from March. The year-to-date total of $204.28 million was up 14.9 percent compared to 2006.

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