Manufacturing technology consumption slumps

Year-to-date figures are up, but usage dips in June

By Plant Engineering Staff September 11, 2007

July U.S. manufacturing technology consumption totaled $271.37 million, according to AMT ) and the American Machine Tool Distributors’ Association ( AMTDA ). This total, as reported by companies participating in the USMTC program, was down 22.0% from June, and down 9.5% from the total of $300.01 million reported for July 2006. With a year-to-date total of $2.25 billion, 2007 is up 5.3% compared with 2006.To view the full press release, click on this link .