1/2/2008: Manufacturing Technology Consumption Up 6.7%
January 2, 2008
MCLEAN, VA-September U.S. manufacturing technology consumption totaled $438.95 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 up 21.7% from August, and up 2.9% from the total of $426.39 million reported for September 2006. With a year-to-date total of $3,076.65 million, 2007 was up 6.7% compared with 2006.
These numbers are based on the totals of actual data reported by companies participating in the United States Manufacturing Technology Consumption (USMTC) program.
“Evidence that manufacturing is alive and well in the United States can be seen in September’s extraordinary surge in manufacturing technology orders,” says John B. Byrd III, AMT president. “It is especially impressive that orders surpassed those placed in September of 2006, when the biennial International Manufacturing Technology Show was held in Chicago, traditionally a peak in order activity.”