February U.S. manufacturing technology consumption totaled $129.65 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 up 28.5% from January but down 62.4% from the total of $345.04 million reported for February 2008. With a year-to-date total of $230.53 million, 2009 is down 66.2% compared with 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.
The February orders confirm the extremely difficult environment our small but vital manufacturing technology suppliers face, said Ronald F. …
