Machine Tool Consumption Up

March 24, 2006
January U.S. machine tool consumption totaled $225.94 million, according to AMTDA, the American Machine Tool Distributors’ Association, and AMT, The Association For Manufacturing Technology.

January U.S. machine tool consumption totaled $225.94 million, according to AMTDA, the American Machine Tool Distributors’ Association, and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTC program, was down 31.9 percent from December but up 11.3 percent from the total of $202.94 million reported for January 2005.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

"We have begun the year on a very positive note with January 2006 metalworking equipment orders up a healthy 11.3 percent compared with January 2005. This signals another promising year of continued momentum within the U.S. manufacturing economy as companies continue to recognize the benefits of investing in new machine tool technology to improve productivity," said John J. Healy, AMTDA President. "Although parts of the Midwest continue to experience the struggles of the automotive industry and the South continues to deal with the after effects of Katrina, many U.S. regions have shown strong double-digit growth spurred by aerospace, defense, energy and medical manufacturing activity."

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