By John S. McClenahen Although January 2004 gross new orders of machine tools for U.S. consumption ran nearly 20% ahead of January 2003, they were almost 24% under December 2003's figure as the industry continued its recent monthly pattern of slowing ...
ByJohn S. McClenahen Although January 2004 gross new orders of machine tools for U.S. consumption ran nearly 20% ahead of January 2003, they were almost 24% under December 2003's figure as the industry continued its recent monthly pattern of slowing and growing. U.S. machine tool consumption in January 2004 totaled $161.19 million, with new orders for metal cutting machines of $149.16 million and new orders for metal forming machines of $12.02 million, jointly report the American Machine Tool Distributors' Association and AMT-The Association for Manufacturing Technology. January's overall figure was 23.9% below December 2003's figure of $211.17 million. January's metal cutting number was 21% under December's $188.83 million, and January's metal forming figure was 47.5% below December's $22.88 million.
