ARCHIVE - dated material. Trends Tables: Machine Tools (SIC 3541 3542) (in millions of dollars except as noted) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Percent Change (1989-1998) Compound ITEM ----------------------------------------------------- Rate, 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 89-90 90-91 91-92 92-93 93-94 94-95 95-96 96-97 97-98 89-97 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Industry Data Value of shipments (1) 4,586 4,845 5,262 5,128 4,702 5,102 5,231 5,366 6,089 6,357 7,439 _ -2.5 -8.3 8.5 2.5 2.6 13.5 4.4 17.0 _ 4.4 3541 Metal cutting machines 3,190 3,109 3,562 3,517 3,250 3,618 3,518 3,672 4,065 4,143 5,184 _ -1.3 -7.6 11.3 -2.8 4.4 10.7 1.9 25.1 _ 4.8 3542 Metal forming machines 1,396 1,736 1,700 1,611 1,452 1,484 1,713 1,694 2,024 2,213 2,255 _ -5.2 -9.9 2.2 15.4 -1.1 19.5 9.4 1.9 _ 3.6 Value of shipments (1992$) 5,602 5,710 5,925 5,471 4,831 5,102 5,152 5,196 5,695 5,771 6,594 _ -7.7 -11.7 5.6 1.0 0.8 9.6 1.3 14.3 _ 1.3 3541 Metal cutting machines 3,928 3,675 4,006 3,769 3,351 3,618 3,476 3,579 3,817 3,770 4,616 _ -5.9 -11.1 8.0 -3.9 3.0 6.7 -1.2 22.4 _ 1.8 3542 Metal forming machines 1,674 2,036 1,919 1,701 1,480 1,484 1,676 1,617 1,877 2,001 1,978 _ -11.3 -13.0 0.3 12.9 -3.5 16.1 6.6 -1.2 _ 0.4 Total employment (000) 45.5 44.0 45.1 43.6 39.8 39.9 38.0 37.1 40.4 40.4 43.0 _ -3.3 -8.7 0.3 -4.8 -2.4 8.9 0.0 6.5 _ -0.6 3541 Metal cutting machines 31.7 29.6 30.4 29.4 26.9 27.4 25.3 24.0 27.0 26.9 28.8 _ -3.3 -8.5 1.9 -7.7 -5.1 12.5 -0.4 7.2 _ -0.7 3542 Metal forming machines 13.8 14.4 14.7 14.2 12.9 12.5 12.7 13.1 13.4 13.5 14.2 _ -3.4 -9.2 -3.1 1.6 3.1 2.3 0.7 5.1 _ -0.4 Production workers (000) 26.9 26.8 27.4 26.6 23.9 23.3 22.3 22.0 24.5 24.7 25.7 _ -2.9 -10.2 -2.5 -4.3 -1.3 11.4 0.8 4.2 _ -0.8 3541 Metal cutting machines 18.2 17.5 18.0 17.6 15.8 15.4 14.5 13.7 16.0 16.2 16.6 _ -2.2 -10.2 -2.5 -5.8 -5.5 16.8 1.2 2.5 _ -1.0 3542 Metal forming machines 8.7 9.3 9.4 9.0 8.1 7.9 7.8 8.3 8.5 8.5 9.1 _ -4.3 -10.0 -2.5 -1.3 6.4 2.4 0.0 7.3 _ -0.4 Average hourly earnings ($) 13.13 13.58 14.12 14.40 14.76 15.34 15.72 16.16 16.25 16.74 17.98 _ 2.0 2.5 3.9 2.5 2.8 0.6 3.0 7.4 _ 3.1 3541 Metal cutting machines 13.16 13.58 14.18 14.32 14.81 15.54 15.75 16.31 16.26 16.85 17.77 _ 1.0 3.4 4.9 1.3 3.6 -0.3 3.7 5.4 _ 2.9 3542 Metal forming machines 13.08 13.57 13.99 14.56 14.67 14.93 15.68 15.91 16.24 16.52 18.37 _ 4.1 0.7 1.8 5.0 1.4 2.1 1.7 11.2 _ 3.5 Capital expenditures 92.4 101 134 118 98.0 124 95.7 131 190 169 223 _ -12.3 -16.6 26.0 -22.5 37.2 44.9 -11.4 32.4 _ 6.6 3541 Metal cutting machines 61.2 64.5 94.6 84.2 66.4 82.8 63.0 106 134 117 131 _ -11.0 -21.1 24.7 -23.9 68.1 26.6 -13.0 12.5 _ 4.2 3542 Metal forming machines 31.2 36.5 39.4 33.3 31.6 40.7 32.7 25.4 56.2 52.0 92.1 _ -15.5 -5.1 28.8 -19.7 -22.3 121.3 -7.5 77.1 _ 11.2 Product Data Value of shipments (2) 3,956 4,314 4,857 4,806 4,291 4,521 4,524 5,098 5,747 6,088 _ _ -1.0 -10.7 5.4 0.1 12.7 12.7 5.9 _ _ _ 3541 Metal cutting machines 2,585 2,612 3,172 3,249 2,838 3,093 2,915 3,435 3,906 4,082 _ _ 2.4 -12.7 9.0 -5.7 17.8 13.7 4.5 _ _ _ 3542 Metal forming machines 1,370 1,703 1,685 1,557 1,453 1,428 1,609 1,663 1,841 2,006 _ _ -7.6 -6.7 -1.7 12.6 3.4 10.7 9.0 _ _ _ Value of shipments (1992$) 4,827 5,083 5,469 5,127 4,407 4,521 4,455 4,934 5,375 5,528 _ _ -6.3 -14.0 2.6 -1.5 10.8 8.9 2.8 _ _ _ 3541 Metal cutting machines 3,184 3,087 3,568 3,483 2,926 3,093 2,881 3,347 3,668 3,714 _ _ -2.4 -16.0 5.7 -6.9 16.2 9.6 1.3 _ _ _ 3542 Metal forming machines 1,643 1,996 1,902 1,644 1,481 1,428 1,574 1,587 1,707 1,814 _ _ -13.6 -9.9 -3.6 10.2 0.8 7.6 6.2 _ _ _ Trade Data Value of imports _ _ 3,004 2,841 2,613 2,350 2,621 3,445 4,455 4,837 5,378 5,783 -5.4 -8.0 -10.1 11.5 31.4 29.3 8.6 11.2 7.5 7.6 3541 Metal cutting machines _ _ 2,225 2,056 1,926 1,681 1,882 2,385 3,101 3,415 3,816 4,110 -7.6 -6.3 -12.7 12.0 26.7 30.0 10.1 11.7 7.7 7.0 3542 Metal forming machines _ _ 779 785 687 669 739 1,060 1,354 1,422 1,562 1,673 0.8 -12.5 -2.6 10.5 43.4 27.7 5.0 9.8 7.1 9.1 Value of exports _ _ 1,623 1,654 1,611 1,902 1,804 2,258 2,411 2,752 2,983 2,943 1.9 -2.6 18.1 -5.2 25.2 6.8 14.1 8.4 -1.3 7.9 3541 Metal cutting machines _ _ 893 913 877 1,017 975 1,353 1,350 1,662 1,768 1,692 2.2 -3.9 16.0 -4.1 38.8 -0.2 23.1 6.4 -4.3 8.9 3542 Metal forming machines _ _ 730 741 734 885 829 905 1,061 1,090 1,215 1,251 1.5 -0.9 20.6 -6.3 9.2 17.2 2.7 11.5 3.0 6.6 --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- (1) Value of all products and services sold by establishments in the machine tools industry. (2) Value of products classified in the machine tools industry produced by all industries. SOURCE: U.S. Department of Commerce: Bureau of the Census; International Trade Administration.