Manufacturing Technology Consumption Up 85% in 2010 Feb 16, 2011

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December U.S. manufacturing technology consumption totaled $446.76 million, according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. The December total was up 40.9% from November and up 104.8% when compared to $218.16 million reported for December 2009. With a year-to-date total of $3,236.00 million, 2010 is up 85.3% compared to 2009.

"2010 orders closed strong, up 85% over 2009, and December’s orders were 40.9% higher than the previous month,” said AMT President Douglas K. Woods. “With backlogs firming and quotation levels accelerating, we are very optimistic that the industry will see strong results in 2011.”

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