Manufacturing technology consumption up
Mar 1, 2008 12:00 PM
United States manufacturing technology consumption in December 2007 totaled $400.31 million, according to The Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors' Association (AMTDA). This total, as reported by companies participating in the USMTC program, was up 7.5% from November, and up 20.9% from the total of $331.23 million reported for December 2006. With a year-end total of $4,261.47 million, 2007 was up 8.0% compared with 2006.
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
The United States Manufacturing Technology Consumption (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.
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