March U.S. manufacturing technology consumption was $162.94 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 22.3% from February but down 71.9% from the total of $579.73 million reported for March 2008. With a year-to-date total of $397.56 million, 2009 is down 68.6% compared with 2008.
These numbers and all data in this report are based on data reported by companies participating in the USMTC program.
We are pleased that the monthly totals have continued to increase since the historic lows that we saw in January, said Peter Borden, AMTDA president. “This bounce may have been due to …
