Manufacturing Technology Orders Up 108.0% in 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 May order numbers confirm our members’ reports of continued strong project levels by manufacturing companies to improve productivity in their factories," says Peter Borden, AMTDA president. "The 2,000 unit-per-month level signifies a very healthy demand still in place as we head toward the close of the second quarter."
The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations 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: