$356.69 million worth of new machine tools and related technology were ordered by U.S. machine shops and other manufacturers during August, less than 1% more than during July ($355.18 million) and 6.0% less than during August 2013.
The figures are drawn from the latest U.S. Manufacturing Technology Orders report, a monthly summary of actual data prepared by The Association for Manufacturing Technology (AMT).
USMTO figures are actual data reported by participating manufacturers and distributors, and cover demand for metal-cutting equipment and metal forming and fabricating equipment, both domestically sourced and imported products, with the combined figure representing the monthly total.
Read the full report on American Machinist, a companion site of IndustryWeek and part of Penton's Manufacturing and Supply Chain group.
