Manufacturing technology consumption down 66.2%

AMT/AMTDA survey shows continuing softness in market

April 15, 2009

February U.S. manufacturing technology consumption totaled $129.65 million, according to AMT – The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. 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.

For the full report, click here .