ROCKVILLE, Md.- U.S. manufacturing technology consumption reached $371.10 million for March, according to the American Machine Tool Distributors’ Association (AMTDA) and the Association For Manufacturing Technology (AMT).
March’s total was up 34.9 percent from February and up 1.4 percent from March 2006. The year-to-date total of $945.27 million is up 7.1 percent over 2006.
“Strong March results have produced continued growth in the first quarter of the year,” said John J. Healy, AMTDA President. “This pattern of steady growth is expected to continue.”
By region, the Northeast saw a 30.1 percent increase over February with $55.39 million. Compared to March 2006, however, the total was down 3.7 percent. The year-to-date total, $151.27 million, was 14.5 percent higher than 2006.
In the South, March’s technology consumption was $41.63 million, 11.4 percent higher than February, but 21 percent lower than March 2006. The region’s $111.27 million year-to-date total is down 15.1 percent from 2006.
The Midwest saw a 61.3 percent increase over February with $107.33 million. The total is a 1.3 percent decrease over March 2006. Year-to-date technology consumption was $251.38, down 8.9 percent from 2006.
Technology consumption in the Central region was $103.13 million in March, up 12.7 percent from February and up 14.6 percent over March 2006. The $271.55 million year-to-date total was 27.9 percent higher than 2006.
In the West, the $63.62 million total was up 71.7 percent over February and up 11.7 percent when compared to March 2006. The year-to-date total of $159.8 million was up 21.6 percent over 2006.
The United States Manufacturing Technology Consumption (USMTC) report provides national and regional data on U.S. consumption of domestic and imported machine tools and related equipment.
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