Machine Tool Consumption Up 24% in First Half of 2006
August 23, 2006
June U.S. manufacturing technology consumption totaled $322.68 million, according to The Association For Manufacturing Technology and the American Machine Tool Distributors' Association. This total, as reported by companies participating in the USMTC program, was down 0.4 percent from May but up 26.7 percent from the total of $254.74 million reported for June 2005.
With a year-to-date total of $1,774.48 million, 2006 was up 23.9 percent compared with 2005.
These numbers and all data in this report are based on totals of data reported by companies participating in the USMTC program.
"Since the recovery began in November 2003, orders have grown steadily, punctuated by June's 27 percent increase over June 2005," said John B. Byrd III, AMT president. ...