6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
'Our representatives in Washington clearly recognize that there are serious problems facing the nation's capital equipment manufacturers,' said Don F. Carlson, AMT president. 'The expensing of 30% of equipment purchases contained in the newly-passed economic stimulus package shows that. It provides the engine that will drive the investment that will pull our economy out of recession while providing long-term increases in productivity. I congratulate them on adopting this pro-growth legislation. It is good public policy.'
The United States Machine Tool Consumption (USMTC) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment. Analysis of machine tool consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.
U.S. machine tool consumption is also reported on a regional basis for five geographic break-downs of the United States.
At $32.74 million, January machine tool consumption in the Northeast Region was up 42.7% compared to December's $22.94 million, but down 42.5% compared to January a year ago.
January machine tool consumption in the Southern Region totaled $19.45 million, off 28.1% from December's $27.05 million, and off 24.8% compared to January 2001.
Totaling $47.75 million, Midwestern Region machine tool consumption in January was off 30.5% compared to December's $68.74 million, and down 47.9% compared to the previous January.
January machine tool consumption in the Central Region stood at $25.56 million, down 3.3% compared to December's $26.41 million and 38.4% below the total for last January.
Western Region machine tool consumption in January totaled $24.14 million up 40.2% compared to December's $17.22 million, but down 31.2% when compared to January 2001