Manufacturing technology orders up 10.2% in April

June 11, 2012 - April U.S. manufacturing technology orders totaled $410.42 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 17.0% from March but up 2.9% up when compared with the total of $398.73 million reported for April 2011. With a year-to-date total of $1,763.77 million, 2012 is up 10.2% 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.

“Year-to-date orders of manufacturing technology are up a solid 10% over 2011,” said AMT President Doug Woods. “Manufacturing firms continue to hire, with year-over-year unemployment down from nearly 10% in 2011 to a little under 7% this year. In the first quarter, U.S. manufacturing technology exports rose consistently and factory productivity increased 5%. What remains to be seen is whether overseas instability and possible cooling of domestic investment will disrupt continued growth.”

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

Manufacturing technology orders in the Northeast Region in April totaled $66.31 million, down 7.5% from March’s $71.67 million but up 11.8% when compared with the April 2011 figure. At $248.29 million, 2012 year-to-date is up 2.7% when compared with 2011 at the same time.

Southern Region

Southern Region manufacturing technology orders totaled $50.85 million in April, a 28.6% decrease from the $71.24 million total for March and 1.1% less than the total for April 2011. The year-to-date total of $217.96 million is 8.5% more than the comparable figure for 2011.

Midwest Region

At $125.73 million, April manufacturing technology orders in the Midwest Region fell 16.9% when compared with the $151.29 million total for March but were up 2.9% when compared with April a year ago. With a year-to-date total of $586.70 million, 2012 is up 9.1% when compared with 2011 at the same time.

Central Region

April manufacturing technology orders in the Central Region totaled $128.96 million, 14.4% less than March’s $150.59 million but up 4.2% when compared with the April 2011 figure. At $540.11 million, the 2012 year-to-date total was 17.3% more than the comparable figure for 2011.

Western Region

Western Region manufacturing technology orders in April stood at $38.57 million, 22.7% less than the March total of $49.91 million and 8.4% lower than the figure for April 2011. The $170.70 million year-to-date total was 6.9% above the total for the same period in 2011.

Email Contact




Review Article Be the first to review this article
Rand3D

Featured Video
Jobs
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Urban Designer - Urban Design/Planning for SERA Architects, Inc at Portland, OR
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Upcoming Events
ESPRIT World 2018 at Indianapolis Marriott Downtown 350 West Maryland Street Indianapolis IN - Jun 11 - 15, 2018
HxGN LIVE 2018 at The Venetian Las Vegas NV - Jun 12 - 15, 2018
IMTS2018 International Manufacturing Tech Show at McCormick Place Chicago IL - Sep 10 - 15, 2018
Kenesto: 30 day trial
SolidCAM: SolidCAM Dec 2017 Campaign Save 28 percent



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise