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Machine-Tool Consumption Rises 10 percent in May

Machine-Tool Consumption Rises 10 percent in May

Tuesday, July 13, 2004
 
According to the American Machine Tool Distributors’ Association and AMT—The Association For Manufacturing Technology, U.S. machine-tool consumption in May totaled $224.30 million, up 10 percent from April and up 54.2 percent from May 2003 figures. Year-to-date machine-tool sales are up 46.1 percent over 2003 sales. Regionally, year-to-date sales compared to 2003 are up 52.2 percent in the Midwest, up 53.7 percent in the Central region, up 68.5 percent in the Northeast region and up a whopping 71.2 percent in the Western region. Southern-region sales year-to-date are nearly flat from 2003.

 

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