January manufacturing tech orders down from December

January U.S. manufacturing technology orders totaled $370.62 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 26.5% from December and down 12.2% when compared with the total of $422.33 million reported in January 2012. With a year-to-date total of $370.62 million, 2013 is down 12.2% compared with 2012.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program. The USMTO report, compiled by AMT, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment.

 

AMT graph

AMT graph

 

“The drop-off between December and January is typical for technology orders, and it’s important to keep in mind that orders were exceptionally strong at the end of 2012, outperforming much of the broader economy,” said Douglas Woods, AMT president. “While the manufacturing economy continues to be strong, we may see its growth undercut by fiscal uncertainty due to the impact from sequestration.”

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

 

-Bill O’Leary

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