March U.S. manufacturing technology consumption totaled $511.15 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 U.S. Manufacturing Technology Consumption (USMTC) program, was up 57.6 percent from February and up 99.0 percent when compared with the total of $256.88 million reported for March 2010. With a year-to-date total of more than $1.2 billion, 2011 is up 118.6 percent compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTC program.

“Machine tool sales exceeded expectations again in March and by a large margin; this is a great sign for the U.S. economy,” says Peter Borden, president of AMTDA.

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