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Daily News

Manufacturing Technology Consumption Up 105.3%
Jun 15, 2011
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April 2011 U.S. manufacturing technology consumption totaled $396.92 million according to reporting associations AMT and AMTDA. This total was down 21.0% from March 2011 but up 74.9% from $226.99 million in April 2010.

With a year-to-date total of $1,595.98 million, 2011 is up 105.3% compared to the same period in 2010.

The data is based on the totals of actual data reported by companies participating in the USMTC program, coordinated AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association.

“It is very encouraging to see year-to-date orders more than double last year’s pace particularly with the price of oil, unrest in the Middle East, and the disasters in Japan,” said Douglas K. Woods, president of AMT. “Despite April’s numbers being slightly lower than March, recent levels of outstanding order activity are now approaching pre-recession levels which is a positive long-term indicator for our industry.”

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