Manufacturing Technology Consumption Up 19.9% Year-to-Date
These numbers are based on the totals of data reported by companies participating in the USMTC program.
“The demand for manufacturing equipment continues to be healthy, with year-to-year growth of nearly 30% since April 2007,” says John B. Byrd III, AMT president. “Export demand for U.S. manufactured products and the global boom in infrastructure development continues to fuel the surprising growth in capital equipment investment. The decline from March to April is not surprising, considering the extraordinary results posted in March.”