Deutsch | English | Español | Français | Italiano | Português | Русский | العربية | 日本語 | 简体中文 | 繁體中文 | 한국의 | Türk | Polski
LOGO
Where All The Metalworking Business Happens
Product / Service Supplier Catalogs & Literature    
Search
or
home Product News Catalogs Web TV News & Topics Featured Articles Trade Shows Sourcing Help My allmetalworking
News & Topics Content
allmetalworking > News & Topics >Machine Tool Purchases Fell 40% in January

Machine Tool Purchases Fell 40% in January
Author: American Machinist Staff
Source From: American Machinist
Posted Date: 2010-03-09

The American Machine Tool Distributors’ Association and The Association For Manufacturing Technology report that U.S. consumption for machine tool system, components, and supplies totaled $130.96 million in Janu-ary 2019, a decline of 40.3% from the December 2009 total. However, the total also represents a 26.2% increase over the January 2009 ($103.77 million) consumption total.

“Many customers placed orders in December to take advantage of tax-relief measures, pulling orders out of January 2010,” Peter Borden, AMTDA president, explained. “The good news is that January 2010 orders are still 26% ahead of January 2009. Fortunately, there are measures moving through Congress that will ex-pand these benefits, incentivizing manufacturers to invest in capital equipment in 2010.”

The information is contained the monthly U.S. Manufacturing Technology Consumption report, compiled by AMTDA and AMT. The report is based on actual purchasing data reported by companies participating in the USMTC program.

The USMTC report also contains regional consumption data. In January, manufacturing technology con-sumption in the Northeast Region totaled $25.88 million, down 40.5% versus the $43.49 million total for Decem-ber but up 31.4% over January 2009.

In the Southern Region, January manufacturing technology consumption fell 3.6% to a total of $28.51 mil-lion, compared to December’s $29.57 million. However, that regional total was 95.8% higher than the January 2009.

Midwestern Regional consumption for manufacturing technology amounted to $37.41 million, 39.9% less than December’s $62.22 million but up 31.2% compared to January 2009.

In the Central Region, manufacturing technology consumption totaled $27.10 million. This total was a decline of 50.6% from the December 2009 total ($54.81 million), but up 6.0% compared with January 2009 totals.

The Western Region reported January consumption of $12.06 million, down 58.7% from December 2009, and down 21.8% compared with January 2009.
 

Tags:

Original Hyperlink: http://www.americanmachinist.com/304/News/Article/False/85519/..

For more information from this magazine/website? Please click here http://www.americanmachinist.com

About Us: AMERICAN MACHINIST serves the metalworking marketplace. Industries include aerospace, agricultural equipment, the appliance industry, automotive, construction equipment, consumer products, electric/electronic equipment, food/beverage equipment, industrial machinery, machine tool/forming equipment, marine/shipbuilding, medical devices, the oil/gas industry, packaging equipment, power generation equipment, pulp/paper/processing equipment, non-automotive transportation, fabricated metal products and others allied to the industry.

Note: The copyright and the ownship of the brand, product names, product numbers, and content mentioned belongs to their repective companies.

Latest News

‧2014-06-20
Aluminium China 2014 Enhances International Visitor Program with New Match-Making Service

‧2014-06-17
US Factories Increase Production by 0.6% in May

‧2014-06-16
JETRO signs MOU with Massachusetts Office of International Trade and Investment (MOITI)

‧2014-05-24
Top 25 Supply Chains of 2014 - Gartner

‧2014-05-21
U.S. Machine Tool Orders in Double-Digit Rise for March

Related Catalogs
Featured Pages
5 Axis Machining CenterAir ToolsAutomatic Cold Drawing MachineAutomatic Feeding Equipment
Automatic Tool ChangerBall BearingsBallscrewBearings
Boring and Milling MachineCasting Base for Machine ToolChip ConveyerCircular Sawing Maching
CNC EDMCNC LatheCNC Machine Center SpindlesCNC Rotary Table
CNC Surface GrinderCooling EquipmentDie Casting End Mill
Forged PartsGear ReducerGearboxGrinding Center
Hoist and ChainHorizontal Machining CenterHydraulic PressIndex Drive
Index TableIndustrial RobotInjection MoldsJawed Chuck
Linear GuidewayLubrication SystemMachine Guard SystemMetal Band Saw
Metal Cutting ToolsMetal Stamping PartsPipe & Tube BenderPower Press
Precision Machining ServiceRobot Tool ChangerServo MotorsSpindles
Telescopic CoversTool HolderTool Storage MagazineTurning Center
Vacuum PumpsVertical Machining CenterWelding Machines 
Contents
· Home
· Product News
· Catalogs
· Web TV
· News & Topics
· Features Articles
· Trade Show
· Sourcing Help
· My Allmetalworking
Special Zone
· Directory
· Trade Show Supplement
2014 Hannover
Allmetalworking.com
· About Us
· Promote Your Business
· Advertise
· Partner with Us
· Press Release
· Contact Us
· Term of Use
· Privacy Policy
· Starter Program
· Sitemap
B2B Web Portal Alliance
· Allitwares.com
· Allmetalworking.com
· Allbiomedical.com
· Allautowares.com
Buy Engineer Sample Kits
OEM Sourcing
Language
· Deutsch
· English
· Español
· Français
· Italiano
· Português
· Русский
· العربية
· 日本語
· 简体中文
· 繁體中文
· 한국의
· Türk
· Polski
 
   

Copyrights © 2012 Allitwares Corporation All Rights Reserved. www.allmetalworking.com is a Division of Allitwares Corporation
www.allmetalworking.com is a B2B Trade Portal | B2B Web Portal |B2B Marketplace for machine tools, machining services and material.