Manufacturing technology orders down in January

January U.S. manufacturing technology orders totaled $365.06 million according to AMT – The Association For Manufacturing Technology. This total, as reported by the companies participating in the U.S. Manufacturing Technology Orders (USMTO) program, was down 25.2% from December but up 1.3% when compared with the total of $360.31 million reported for January 2013.

“While monthly order totals are down in December, January is always a soft month and more so this year due to an unusually harsh winter,” said Douglas K. Woods, AMT president. “Overall the news for manufacturing remains positive, with an improving housing market and strong indicators for near-term capital investment. We are still optimistic for a strong 2014 and 2015 for manufacturing technology orders, especially as we move through an [International Manufacturing Technology Show] year.”

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 report is compiled by AMT and provides regional and national U.S. orders data of domestic and imported machine tools and related equipment.

Click here to view the full report.

-Bill O’Leary

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