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Article: Manufacturing technology consumption falls in July.(Industry News)
- Article from:
- Modern Applications News
- Article date:
- November 1, 2008
CopyrightCOPYRIGHT 2008 Nelson Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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July U.S. manufacturing technology consumption totaled $303.44 million, according to the American Machine Tool Distributors' Association and the Association For Manufacturing Technology. This total, as reported by companies participating in the U.S. Manufacturing Technology Consumption--USMTC--program, was down 21.5 percent from June but up 5.7 percent from the total of $287 million reported for July 2007. With a year-to-date total of $2.66 billion, 2008 is up 15.5 percent 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.
Despite the consecutive ...