Friday, November 24, 2006

Machine tool consumption off by 35% in first quarter.

March U.S. machine tool consumption totaled $182.66 million, according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors Association. This total, as reported by companies participating in the USMTC program, was up 6.0% from February but down 42.2% from the total of $315.80 million reported or March 2001. With a first quarter total of $513.62 million, 2002 is down 35.2% compared to the same period in 2001.

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

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