Machine Tool Consumption Down in January
January U.S. manufacturing technology consumption totaled $94.95 million, according to the American Machine Tool Distributors’ Association and the Association for Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 59.2% from December and down 71.9% from the total of $338.00 million reported for January 2008.
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.
There’s no way or reason to try to sugar coat these numbers – they are the lowest since the program began in 1996, said Peter Borden, AMTDA president. “While a few small pockets of activity have continued, most everyone …
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