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Machine-Tool Consumption Off 24.7 Percent

Machine-Tool Consumption Off 24.7 Percent

Friday, October 18, 2002
 
Through August, U.S. machine-tool consumption is down 24.7 percent compared to the same period in 2001, according to AMTDA (American Machine Tool Distributors’ Association) and AMT—The Association For Manufacturing Technology. August sales registered a slight uptick, 4 percent, from July sales, but were down 33.6 percent from August 2001 sales. The hardest-hit region for the year is the northeast, off 37.8 percent from 2001 sales. Faring the best is the southern region, off only 12.8 percent from last year. View the data online at www.amtda.org and www.AMTonline.org.

 

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