Industry Headlines

Manufacturing Technology Consumption Up

MCLEAN, VA, April 14-February U.S. manufacturing technology consumption totaled $308.50 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 down 4.0% from January, but up 4.4% from the total of $295.39 million reported for February 2007. With a year-to-date total of $624.28 million, 2008 is up 1.2% compared with 2007.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the United States Manufacturing Technology Consumption (USMTC) program.

“Industry forecasters called for a first-half downturn in manufacturing technology orders,” says John B. Byrd III, AMT president. “The economic stimulus package has kept orders from falling in the first quarter, but the full impact of the package won’t be realized until the fourth quarter."

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Karen Spencer, Clinkenbeard's quality manager, discusses what makes the plant stand out, advice for other plants, and looks to the future.
More Podcasts

Quality Magazine

CoverImage

2015 May

The May 2015 edition of Quality Magazine includes articles on cloud technologies, depth gages, ISO 9001, digital inspection and cool new products.

Table Of Contents Subscribe

Topics to Talk About

What topics would you like to see Quality cover more?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook2015_40 twitter_40px.png  youtube_40px.pnglinkedin_40px.png  GooglePlus_40

eNewsletters