U.S. manufacturing technology consumption in November 2006 totaled $335 million, the American Machine Tool Distributors’ Association and the Association for Manufacturing Technology said in a joint release.
This total was down 12.3 percent from October, but up 32.7 percent from the total of $252.38 million reported for November 2005. With a year-to-date total of $3.5 billion, 2006 was up 29.4 percent compared with 2005.
“Though below the exceptional September peak, the November results continue to show strong purchases of advanced manufacturing technology equipment,” said John J. Healy, AMTDA president. “This is a positive sign for the health of U.S. manufacturing industries in the years to come.”
Machine tool consumption continues growth
May 1, 2007