Machine tool consumption for August 2002 rises from July total, falls year-to-date

August 2002 machine tool consumption in the United States totaled $139.17 million, according to the American Machine Tool Distributors' Association, and AMT — The Association For Manufacturing Technology.

This total, as reported by companies participating in the United States Machine Tool Consumption program, was up 4.0% from July but down 33.6% from $209.45 million reported for August 2001. With a year-to-date total of $1,428.57 million, 2002 has lost 24.7% compared with the same period in 2001.

US machine tool consumption is also reported for these geographic regions:

  • Northeast — Machine tool consumption in August stood at $13.61 million, a 37.9% decline from July's $21.93 million and a 43.4% drop compared with August 2001. Year-to-date consumption totaled $201.47 million, a 37.81% descent from the comparable figure for 2001.

  • Southern — Totaling $20.34 million, machine tool consumption in August dipped 6.8% from July's $21.83 million, and decreased 57.3% when compared with August 2001. With a year-to-date total of $246.01 million, machine tool consumption fell 12.8% compared to 2001 at the same time.

  • Midwestern — At $47.43 million, August machine tool consumption rose 14.7% when compared with July's $41.37 million, but sank 29.2% when compared with August 2001. The year-to-date total of $507.21 million, puts this year 24.2% behind 2001 at the same time.

  • Central — With an August total of $39.86 million, machine tool consumption climbed 9.2% higher than July's $36.48 million, but dropped 17.7% when compared with August a year ago. Year-to-date consumption stood at $274.99 million, 25.7% below the comparable figure for 2001.

  • Western — At $17.93 million, machine tool consumption in August surged 47.3% compared with the $12.17 million tallied in July, but shrank 19.5% from August 2001. At $198.90 million, year-to-date 2002 is off 20.9% from the same figure a year ago.

TAGS: Fabrication
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish