American Machinist

March tool consumption up. (Business Trends).

MARCH U. S. MACHINE TOOL CONSUMPTION jumped 40.9% from February, to $154.19 million, reports AMT--The Association For Manufacturing Technology and the American Machine Tool Distributors' Association (AMTDA). However, the number dropped 13.6% from the $178.48 million reported for March 2002. With a year-to-date total of $394.92 million, 2003 slipped 25.5% versus 2002.

AMT President Albert Moore says the manufacturing outlook will remain bleak without a jumpstart from proposed tax bills before both houses of the U. …

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