machine tool demand down

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
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snipped-for-privacy@situ.com wrote:

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
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Kirk Gordon wrote:

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
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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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i would like to thank the participants for enlightening comments
sidd
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snipped-for-privacy@situ.com () wrote in

Anytime.
Did you see the full report?
<http://www.amtonline.org/document_display.cfm?document_idX411
--

Dan

CNC Videos - <http://tinyurl.com/yzdt6d
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