Machine Tool Consumption Up 8% in 2007
December U.S. manufacturing technology consumption totaled $400.31 million, according to AMT - the Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors'Association. This total, as reported by companies participating in the USMTC program, was up 7.5% from November, and up 20.9% from the total of $331.23 million reported for December 2006. With a year-end total of $4,261.47 million, 2007 was up 8.0% compared with 2006.
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
Exceptionally strong December results have driven 2007 manufacturing technology orders to a level 8% above 2006," said John B. Byrd III, AMT President. "This is the fourth ...
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