Pat McGibbon, Association For Manufacturing Technology

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AMT Viewpoint: Can Economic Indicators Be Trusted?

Pat McGibbon, Association For Manufacturing Technology’s VP of industry intelligence and engagement, says there’s a lesson to be learned when usually reliable economic data turns out to be incorrect. Mistakes will happen, and if you’re prepared, errors shouldn’t wreck your business decision-making.


AMT Viewpoint: Throw Caution to the Wind? No, but Don’t Give In to Doom

Pat McGibbon, Association For Manufacturing Technology’s vice president of intelligence, says U.S. manufacturing and the economy are susceptible to market sentiment more than anything right now. Nearly all the metrics are positive and suggesting a few more quarters of growth at minimum.


AMT Viewpoint: Machinery Investment Is Primed for Growth

Association For Manufacturing Technology’s vice president of intelligence, Pat McGibbon, says the environment of aging machinery at manufacturers, high corporate profitability and cash sitting on the sidelines, and foreign direct investment will result in machinery purchases in the second half.

Pat McGibbon - AMT

AMT Viewpoint: So Far So Good in 2014

Pat McGibbon, Association for Manufacturing Technology economist, says most market indicators gauging consumer and business optimism have stayed relatively buoyant despite recent difficulties. This means the underlying economy is strong and will quicken its pace.

From USMTO December 2013 report. Click to enlarge. Source: AMT – Association For Manufacturing Technology

USMTO Explained: Why Track Machinery Orders Instead of Shipments?

The U.S. Manufacturing Technology Orders, or USMTO, report provides an up-to-date picture of U.S., Mexican, and Canadian machine tool purchasing activity. While orders can take place well ahead of shipments, they give a much better representation of where manufacturing activity is going.

Credit: jscreationzs at

AMT Viewpoint: The Future Is Looking Up!

Major signs point to a positive year for domestic manufacturing and growth for the machinery industry. Everything from strong auto and aircraft markets, to favorable energy costs leading to foreign investment, to reshoring is making it happen.

Credit: cooldesign at

AMT Viewpoint: Forecast Is Mixed, but Manufacturing Still Looks Optimistic

This year will end on a solid note for manufacturing technology business. There are other bright spots in the economic data, but real growth cannot happen until Washington gets past partisan politics and another federal budget deadline.

Graph Up

AMT Viewpoint: Global Markets Show Promise Heading Into Fourth Quarter

Pat McGibbon, AMT’s vice president of industry intelligence and engagement, says improving conditions in Asia and the EU will relieve the stress on U.S. manufacturing technology suppliers.


AMT: Know Your Numbers – Understanding and Using Diverse Data Sources

The most basic building block of quantitative market intelligence is market size. For some products, this figure is easy to come by, but often clear-cut answers remain evasive.

Dig Deeper

AMT: It’s Time to Dig Deeper

While some areas of manufacturing have shown improvement and others have seen decline, the best way to judge the market is to dig deep and analyze end-market indicators.

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