(AMT: McLean, VA) -- July U.S. manufacturing technology consumption totaled $266.08 million, according to the American Machine Tool Distributors’ Association (AMTDA) and The Association for Manufacturing Technology (AMT). This total, as reported by companies participating in the USMTC program, was up 10.1 percent from June and up 72.6 percent from the total of $154.13 million reported for July 2009. With a year-to-date total of $1.4 billion, 2010 is up 58.9 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.
“We are pleased that July sales have exceeded expectations and that we’re not seeing the normal summer doldrums for machine tool purchases,” says Peter Borden, AMTDA president. “IMTS 2010 has been a key indicator of the ongoing strength of the manufacturing recovery that we have seen gaining momentum since January.”
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