U.S. manufacturing technology orders up 4.8% from 2011

November U.S. manufacturing technology orders totaled $421.83 million according to AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the U.S. Manufacturing Technology Orders (USMTO) program, was down 11.0% from October and down 8.5% when compared with the total of $460.86 million reported for November 2011. With a year-t0-date total of $5,212.17 million, 2012 was up 4.8% compared with 2011.

 

AMT graph

AMT graph

 

“Orders for all of 2012 remain full steam ahead, likely on pace to pass the totals of 2011 and echoing the overall strength of manufacturing for the year,” said Douglas K. Woods, AMT president. “While economic uncertainty remains a concern for both businesses and consumers, we anticipate a steady, albeit slower growth for manufacturing as we begin 2013.”

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program. This report, compiled by AMT, a McLean, Va.-based trade association that represents the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment.

Click here to see the full report including geographic breakdowns and net new orders data.

-Bill O’Leary

 

Advertisements

No comments yet... Be the first to leave a reply!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: