June Machine Tool Consumption Up 22% from May - Modern Distribution Management

June Machine Tool Consumption Up 22% from May

June U.S. manufacturing technology consumption totaled $135.85 million, according to AMT – The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total was up 22.0% from May but down 69.2% from the total of $440.55 million reported for June 2008. With a year-to-date total of $759.03 million, 2009 is down 70.1% 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.

Despite the lack of government programs designed to specifically stimulate smaller manufacturers, the bottom to this business cycle may be in sight," according to Douglas K. Woods, president of AMT. "With total manufacturing technology orders showing positive …

June U.S. manufacturing technology consumption totaled $135.85 million, according to AMT – The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total was up 22.0% from May but down 69.2% from the total of $440.55 million reported for June 2008. With a year-to-date total of $759.03 million, 2009 is down 70.1% 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.

Despite the lack of government programs designed to specifically stimulate smaller manufacturers, the bottom to this business cycle may be in sight," according to Douglas K. Woods, president of AMT. "With total manufacturing technology orders showing positive …

Share this article

About the Author
Recommended Reading
Leave a Reply

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!