Posted on 11/09/2004 2:19:59 PM PST by A Balrog of Morgoth
WASHINGTON (Reuters) - U.S. machine tool demand in September rose significantly from a year earlier and also from August, two industry trade groups said in a report released Sunday.
The American Machine Tool Distributors' Association (AMTDA) and the Association for Manufacturing Technology (AMT) said U.S. machine tool demand stood at $389.20 million in September, up 74.6 percent from $222.86 million in September 2003.
(Excerpt) Read more at money.cnn.com ...
Yah. Must be all those insurance agents or bank tellers.
That's a good one. Seriously, though, isn't this supposed to be a leading indicator of factory production?
If only you held off another 10 minutes willie green would have posted this...
Or burger-flippers.
These must be the machines Bush used to steal the election in Ohio.
Jeepers, it just occurred to me we won't have Tiny Tom to kick around much longer. Heh heh heh. Who else can we rest assured would be deeply saddened?
No, these will be used to manufacture hamburger flippers for all the new jobs being created! ;)
Holy Moley! Look at that Kerry recovery!
This is, believe it or not, a significant economic indicator. Very good news.
THAT'S IT! Must be VOTING MACHINES!!!!
Nah. It's the lawyers. They're getting their clients drilled and tapped, in preparation for the main event.
Bush's fault. If he doesn't nip this in the bud, the Republicans will lose in 2008.
Kennametal Inc. is a global manufacturer, marketer and distributor of cutting tools, tooling systems, supplies and technical services, as well as wear-resistant parts. It specializes in developing and manufacturing metalworking tools and wear-resistant parts using a specialized type of powder metallurgy. The Company's metalworking tools are made of cemented tungsten carbides, ceramics, cermets, high-speed steel and other hard materials. The Company's customers include metalworking manufacturers and suppliers in the aerospace, automotive, machine tool and farm machinery industries, as well as manufacturers and suppliers in the highway construction, coal mining, quarrying and oil and gas exploration industries. In March 2004, the Company acquired Conforma Clad, Inc., a provider of engineered components that deliver wear solutions to industrial markets.
SOURCE: http://finance.yahoo.com/q/pr?s=KMT
Willie Green.
Now, now...don't be a meanie :)
Concur. Transportation and rail sectors are flying high. GDP is soaring as is employment. The economy is booming by any standard you wish to apply. But NOOOOOOOOO! It's bad according to the 55 million democRATs that gave up looking for work last Tuesday.
Obviously a plot by the chinese (or Walmart) to make us complacent while they destroy our industrial base.
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