MCLEAN, Va. — December U.S. manufacturing technology consumption reached $400.31 million, according to the Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors’ Association (AMTDA).
The total was up 7.5 percent from November and up 20.9 percent from December 2006.
“Exceptionally strong December results have driven 2007 manufacturing technology orders to a level 8 percent above 2006,” said John B. Byrd III, AMT President. “This is the fourth complete year in the current growth cycle as U.S. manufacturers continue to apply innovative manufacturing technologies to improve productivity.”
By region, the Northeast saw $54.87 million in technology consumption, down 4.7 percent from November and down 4.7 percent from December 2006. The year-end total of $650.74 million was 10.5 percent higher than the 2006 year-end total.
In the South, technology consumption reached $52.95 million, 16 percent higher than November, but 2.5 percent less than December 2006. The year-end total of $543.72 million was 7.8 percent higher than 2006.
The Midwest reached $154.53 million, 31.9 percent higher than November and 112.6 percent higher than December 2006. The year-end total of $1,422.48 million was 15.4 percent higher than 2006.
Technology consumption in the Central region totaled $83.72 million, down 7.9 percent from November and up 1.3 percent from December 2006. The year-end total of $1,075.15 was up 5.6 percent from 2006.
In the West, technology consumption reached $54.24 million, down 11.2 percent from November and down 15.2 percent from December 2006. The year-end total of $569.36 million was down 5.1 percent from 2006.
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