July U.S. manufacturing technology consumption totaled $303.44 million, according to AMTDA, the American Machine Tool Distributors’Association, and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 21.5% from June but up 5.7% from the total of $287.02 million reported for July 2007. With a year-to-date total of $2,655.14 million, 2008 is up 15.5% 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 USMTC program.
Despite the consecutive 1.3% increases in Durable Goods orders for June and July, manufacturing technology orders turned down sharply in July, with much of the downturn in …
