September Machine Tool Consumption Up 26.2% YTD
September U.S. manufacturing technology consumption totaled $407.21 million, according to the American Machine Tool Distributors' Association and The Association for Manufacturing Technology. This total was up 31.9 percent from August and up 43.1 percent from the total of $284.47 million reported for September 2005. With a year-to-date total of $2,815.34 million, 2006 was up 26.2 percent compared with 2005.
"Strong sales at September's International Manufacturing Technology Show pushed year-to-date consumption to its largest lead over 2005," said John J. Healy, AMTDA president. "It now looks likely that 2006 will post the best results for U.S. investment in advanced manufacturing equipment since 2000."
The U.S. Machine Tool Consumption (USMTC) report, compiled by the two ...