August U.S. manufacturing technology consumption totaled $347.25 million, according to rhe Association for Manufacturing Technology and the American Machine Tool Distributors’Association. This total was up 26.6% from July, and up 9.7% from the total of $316.44 million reported for August 2006. With a year-to-date total of $2,609.41 million, 2007 was up 6.2% 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. Machine tool orders have outpaced last year’s results due in part to the decline in the dollar’s strength, which is making manufacturing in the U.S. more competitive,” said John B. Byrd III, AMT president.  ; “However, it may be difficult to sustain the current …
