Machine Tool Consumption Rises in September 2000

September 2000 machine tool consumption in the United States totaled an estimated $581 million, according to AMTDA, the American Machine Tool Distributors' Association and AMT - The Association for Manufacturing Technology. This was up 19% compared with the revised estimate of $487 million for August, and up 9% compared with the estimated $531-million total for September 1999. With the year-to-date total computed at $4.5 billion, 2000 shows a 3% increase compared with the same period in 1999.

These statistics are computed from reports by companies participating in the United States Machine Tool Consumption report. Consumption is also reported for five US regions:

- Northeast - September machine tool consumption rose to $68.05 million, a 37.7% surge compared with the $49.40 million for August and a 10.5% rise compared with September 1999. At $543.95 million, year-to-date machine tool consumption is up 10.2% compared with the same time in 1999.

- Southern - Machine tool consumption in September totaled $52.93 million, 6.9% ahead of August's $49.51 million, but a 11.2% decline when compared with September 1999. The year-to-date total of $500.67 million is level with the comparable figure in 1999.

- Midwestern - At $171.94 million, September machine tool consumption climbed 17.7% from August's $146.06 million, but fell 2.8% lower than in September 1999. Year-to-date machine tool consumption stood at $1.26 billion, a 10.1 % drop compared with the same period in 1999.

- Central - Rising to $76.19 million, September machine tool consumption advanced 25.4% compared with August's $60.74 million and increased 14.3% compared with September 1999. With a total of $558.69 million, year-to-date machine tool consumption has climbed 5.2% compared with 1999.

- Western - September machine tool consumption increased to $72.17 million, 12.2% higher than the $64.35 million for August, and an 84.6% surge compared with September 1999. At $516.68 million, year-to-date machine tool consumption has advanced 50.9% compared with the same period in 1999.

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