November U.S. manufacturing technology consumption totaled $185.57 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 down 34.7% from October and down 51.4% from the total of $381.76 million reported for November 2007. With a year-to-date total of $4,004.31 million, 2008 is up 2.8% 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.
The November numbers demonstrate the much publicized slowdown in manufacturing, said Peter Borden, AMTDA president. “After three years of averaging over 2,000 …
