August U.S. manufacturing technology consumption totaled $323.07 million, according to the Association for Manufacturing Technology and the American Machine Tool Distributors’Association. This total, as reported by companies participating in the USMTC program, was up 4.0% from July but down 11.5% from the total of $365.14 million reported for August 2007. With a year-to-date total of $3,001.95 million, 2008 is up 12.7% 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.
August’s results are in line with historical trends, which tell us that the month preceding the International Manufacturing Technology Show tends to be lower than in non-IMTS years because buyers …
