U.S. Manufacturing Technology Orders rise 4.1% over 2011.October 10, 2012 -
Reported by companies participating in United States Manufacturing Technology Orders (USMTO) program, August U.S. manufacturing technology orders totaled $470.44 million – up 3.4% from July but down 4.7% from August 2011. Year-to-date total, $3,606.56 million, was up 4.1% compared to 2011. In comment, AMT President Douglas K. Woods said, "It's a great sign for the industry to see both month-to-month and year-over-year gains in August, historically one of the slowest months for orders."
Year-to-Date U.S. Manufacturing Technology Orders Up 4.1% Over 2011 |
AMT - The Association For Mfg. Technology
7901 Westpark Drive
McLean, VA, 22102
USA
Press release date: October 8, 2012
August U.S. manufacturing technology orders totaled $470.44 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 3.4% from July but down 4.7% when compared with the total of $493.60 million reported for August 2011. With a year-to-date total of $3,606.56 million, 2012 is up 4.1% 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.
“It’s a great sign for the industry to see both month-to-month and year-over-year gains in August, historically one of the slowest months for orders,” said Douglas K. Woods, AMT President. “With U.S. manufacturers still working through 5 months’ worth of backlogs along with what seemed to be exceptional order activity at IMTS this September, we may very well see a record year for USMTO over and above the last peak in 2011.”
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.
|
|
|
|
|
|
