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Machine Tool Sales Still Strong – Up 131% in January
According to USMTC, machine tool sales in January were 130.5% (units) and 178.8% (real dollars) more than in January 2010.
Industrial Production Continues to Grow – 8.3% in February
Consumer durable goods industrial production in February was up 8.3% compared to February 2010.
February MBI at 60.4 – Growth Rate Remains Steady
With a reading of 60.4, the MBI showed that the metalworking industry continued to grow at a steady rate.
Incomes up 3.5%, Spending Up 11.9%
Most of the increase in incomes was due to the payroll tax cut that began in January, but this increase didn’t translate into faster growth in spending.
Industrial Production Steadily Growing
Consumer durable goods industrial production in January was up 5.8 percent compared to January 2010.
Machine Tool Sales Return to “Normal” – Up 75% in December
According to USMTC, machine tool sales in December 2010 were 75.2% (units) and 113.8% (real dollars) more than in December 2009.
January MBI at 60.2 – Faster Growth Continues
With a reading of 60.2, the MBI showed that the metalworking industry continued its trend of steadily accelerating growth since February 2010.
Industrial Production Up 4.1% in December
Consumer durable goods industrial production in December was up 4.1 percent compared to December 2009.
Machine Tool Unit Sales Up 100% in November
According to USMTC, machine tool sales in November were 99.8% (units) and 93.8% (real dollars) more than in November 2009.
December MBI at 57.4 – Slower Growth
With a reading of 57.4, the MBI showed that the metalworking industry is still growing at a good clip but that the rate of growth is the slowest since August 2010.
Industrial Production Up 2.9% in November
Consumer durable goods industrial production in November was up 2.9% compared to November 2009.
Machine Tool Unit Sales Up 99% in October
According to USMTC, machine tool sales in October were 98.7% (units) and 174.2% (real dollars) more than in October 2009.
