2005 Machine Tool Consumption Tops 2004 Through November
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
"Machine tool orders for November continue to indicate a steady demand for new capital equipment," says John Healy, AMTDA president.
The USMTC report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment. Analysis of machine tool consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.