anyone seeing this ?
"U.S. July machine tool demand stood at $271.37 million, down 22 percent
from June and down 9.5 percent from July 2006, said the American Machine
Tool Distributors' Association (AMTDA) and the Association for Manufacturing
Technology (AMT)."
http://www.reuters.com/article/economicNews/idUSN1031414320070910
sidd
Everybody always sees this. It's called "Summer". Most companies
need several people to make and finalize capital purchase decisions.
Those people take summer vacations, and can't get together in the same
place for anything.
The machine tool sales year ends when schools get out in mid June,
and begins again after Labor Day. But the newscreatures don't need to
know this, as long as they've got allegedly bad news to report. That's
what they love most and do best.
KG
SO, how do you Explain the drop of 9.5% from July sales in 2006? Was
there no summer in '06? If you have such a strong anti-media bias that
you fail to see that your argument makes no sense in relation to their
reporting, are you any better than they are?
Stuart
On 11 Sep 2007 00:54:34 GMT, snipped-for-privacy@situ.com () wrote:
===========on the otherhand see
"Up, Up, and Away for Skyrocketing Robot Orders
For the first half of the year, North American robotics companies
posted an impressive 39% jump in new orders compared to 2006.
Gains to date were fueled in part by a 76% growth in units for
the automotive sector, which hit its upward cycle this year,
reports the Robotic Industries Association. Units tallied up to
9,208 worth $525.2 million; 9,992 worldwide for $563.2 million.
Overall, it totals up to a 40% increase in units ordered and 12%
growth in revenue. Several other sectors reported gains but many
nonautomotive categories were down by 5%. U.S. factories now use
171,000 robots, RIA estimates, second only to Japan.
for complete article see
http://globalspec.ip09.com/rd/9z1ztnjfq86tsof55jhhts7tisqp71e1ni6kb4dc5gg
Unka' George [George McDuffee]
===========Merchants have no country.
The mere spot they stand on
does not constitute so strong an attachment
as that from which they draw their gains.
Thomas Jefferson (1743-1826),
U.S. president. Letter, 17 March 1814.
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