(AMT: McLean, VA) -- August U.S. manufacturing technology consumption totaled $246.42 million, according to the Association for Manufacturing Technology  (AMT) and the American Machine Tool Distributors’ Association (AMTDA). This total, as reported by companies participating in the U.S. Manufacturing Technology Consumption (USMTC) program, was down 5.7 percent from July but up 88 percent when compared with the total of $131.06 million reported for August 2009. With a year-to-date total of $1,697.27 million, 2010 is up 62.4 percent compared with 2009.

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

“Despite the normal summer slowdown, the first eight months of 2010 saw an order rate that was up 60 percent over the same time period in 2009,” says Douglas K. Woods, president of AMT. “We expect orders to be strong through the remainder of the year due in part to Congress extending the bonus depreciation allowance, which will remain in effect through December.”

 …