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AMT & AMTDA report first quarter manufacturing technology consumption up 33.7%

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The American Machine Tool Distributors’ Association (AMTDA) and the Association for Manufacturing Technology (AMT) report that March U.S. manufacturing technology consumption (USMTC) totaled $258 million. According to the AMT website:

This total, as reported by companies participating in the USMTC program, was up 58.1% from February and up 49.5% from the total of $172.59 million reported for March 2009. With a year-to-date total of $548.53 million, 2010 is up 33.7% compared with 2009.

The USMTC report provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment. It’s considered a leading economic indicator, as investments in capital metalworking equipment are generally made for the purpose of increasing capacity and improving productivity.

More details can be found on the AMT website.

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Marc Escobosa

As the lead designer for nearly all major releases of the Arena application from 2001 to 2012, Marc played the chief role in crafting the user experience for all Arena ...

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