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Manufacturing Technology Orders Up 8.8% in 2012

2012-08-16

June U.S. manufacturing technology orders totaled $462.95 million according to The Association for Manufacturing Technology (AMT). This total, as reported by companies participating in the U.S. Manufacturing Technology Orders (USMTO) program, was down 0.6% from May and down 1.8% 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% 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.

The USMTO report, compiled by the trade association representing the production and distribution of manufacturing Valves 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.

 

 

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