U.S. Manufacturing Technology Orders Have Best Year Since 1996

By: The Association for Manufacturing Technology December U.S. manufacturing technology orders totaled $499.43 million according to AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 17.8% from November but down 9.4% when compared with the total of $550.99 million reported for December 2011. With a year-end total of $5,705.58 million, 2012 was up 2.6% compared with 2011. These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program. “Finishing 2012 with the highest order total in 13 years certainly confirms the renaissance of U.S. manufacturing,” said Douglas K. Woods, AMT President. “This also shows the resilience of the industry in the face of GDP contraction in the fourth quarter, along with fiscal and political concerns that have been overshadowing much of the general economy.” The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity. U.S. manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of the United States. Northeast Region  Northeast Region manufacturing technology orders in December stood at $74.02 million, up 10.1% from the November total of $67.24 million but down 25.0% when compared with December 2011. The $789.38 million year-end total was 9.0% less than the total for 2011. Southern Region Manufacturing technology orders in the Southern Region in December totaled $78.11 million, up 19.1% from November’s $65.58 million but down 12.4% when compared with December 2011. At $835.28 million, 2012 was up 12.2% when compared with 2011. Midwest Region Midwest Region manufacturing technology orders totaled $166.19 million in December, a rise of 27.3% when compared with November’s $130.54 million but 9.7% less than the total for December 2011. The year-end total of $1,814.51 is 1.0% more than the comparable figure for 2011. Central Region At $125.05 million, December manufacturing technology...

Manufacturing Tech Slips, Still Stronger Than 2011

By: Manufacturing.net June U.S. manufacturing technology orders totaled $462.95 million according to AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 0.6 percent from May and down 1.8 percent when compared with the total of $471.49 million reported for June 2011. With a year-to-date total of $2,682.37 million, 2012 is up 8.8 percent compared with 2011. These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program. “Suppliers to technology builders are experiencing a backlog two to three times above normal levels, and consequently growth in manufacturing technology orders has slowed. A significant uptick in order activity is expected after IMTS (the International Manufacturing Technology Show),” said Douglas K. Woods, AMT President. “Along with monthly gains in industrial production, manufacturing payrolls also saw gains for the second consecutive month — an indicator that companies are both confident and optimistic that demand will increase.” The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity. U.S. manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of the United States. Northeast Region Northeast Region manufacturing technology orders in June stood at $63.23 million, 0.3 percent less than May’s $63.40 million and down 11.0 percent when compared with June a year ago. At $377.27 million year-to-date, the 2012 total is slightly more than the $377.08 million for 2011 at the same time. Southern Region Manufacturing technology orders in the Southern Region in June totaled $87.59 million, up 11.6 percent from May’s $78.49 million and up 32.3 percent when compared with the June 2011 figure. The year-to-date total of $381.28 million is 18.1 percent more than the comparable figure for 2011. Midwest Region Midwest Region manufacturing technology orders totaled $136.07 million in June, down 9.8 percent from the...