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January 15, 2013
U.S. Manufacturing
Technology Orders Up 4.8% From 2011
November U.S.
manufacturing technology orders
totaled $421.83 million according to
AMT - The Association For
Manufacturing Technology. This
total, as reported by companies
participating in the USMTO program,
was down 11.0% from October and down
8.5% when compared with the total of
$460.86 million reported for
November 2011. With a year-to-date
total of $5,212.17 million, 2012 was
up 4.8% 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 United States
Manufacturing Technology Orders
(USMTO) program.
“Orders for all of 2012 remain full
steam ahead, likely on pace to pass
the totals of 2011 and echoing the
overall strength of manufacturing
for the year,” said Douglas K.
Woods, AMT President. “While
economic uncertainty remains a
concern for both businesses and
consumers, we anticipate a steady,
albeit slower growth for
manufacturing as we begin 2013.”
The 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 November
totaled $66.02 million, up 1.9% from
October’s $64.81 million but down
20.8% when compared with the
November 2011 figure. At $713.53
million, 2012 year-to-date was down
6.4% when compared with 2011 at the
same time.
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