Machine Tool Consumption in the United States Goes Downward in January 2001

January 2001 machine tool consumption in the United States totaled $246.15 million, according to AMT — The Association for Manufacturing Technology and AMTDA, the American Machine Tool Distributors' Association. This total, reported by companies participating in the US Machine Tool Consumption program and representing about 72% of the total market, fell 17% from December 2000 and dropped 22.4% from $317.21 million reported for January 2000. Machine tool consumption is also reported for five US regions:

  • Northeast — machine tool consumption in January totaled $47.15 million, a 16.9% decrease from December's $56.74 million and a 4% dip compared with January 2000.

  • Southern — Totaling $29.77 million, machine tool consumption in January fell 20.1 % compared with December's $37.25 million, and declined 42.3% compared with January 2000.

  • Midwestern — January machine tool consumption totaled $89.83 million, a 1.7% dip compared with December's $91.34 million, and a 27.4% decrease compared with January 2000.

  • Central — At $47.85 million, January machine tool consumption was 19.7% lower than December's $59.63 million, and sunk 3.7% compared with January 2000.

  • Western — Machine tool consumption in January stood at $31.56 million, a 38.8% fall compared with December's $51.60 million, and a 26.8% loss compared with January 2000.

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