Industry Headlines

Manufacturing Technology Orders Level Off For April

June 10, 2013
/ Print / Reprints /
ShareMore
/ Text Size+

April U.S. manufacturing technology orders totaled $372.50 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 26.6% from March and down 12.6% when compared with the total of $426.44 million reported for April 2012. With a year-to-date total of $1.650.91 billion, 2013 is down 7.0% compared with 2012.These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

“Order totals leveled off to the averages we’ve seen so far this year, but they aren’t out of line with analyst predictions,” said Douglas K. Woods, AMT president. “Likewise, the Purchasing Manager’s Index recently dropped below 50 – indicating contraction within manufacturing – but hiring continued to expand throughout the industry. With auto sales strong, the housing industry showing signs of a true rebound, and consumer confidence on the rise, we expect to continue seeing steady but slower activity.” 

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 manufacturingtechnology 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 six geographic breakdowns   of the United States. 

Northeast Region

      Manufacturing technology orders in the Northeast Region in April totaled $72.29 million, unchanged from March’s $72.27 million but up 4.4% when compared with the April 2012 figure. At $251.08 million, 2013 year-to-date is down 4.0% when compared with 2012 at the same time.

Southeast Region

     Southeast Region manufacturing technology orders totaled $35.16 million in April, down 3.3% from the $36.37 million total for March but 1.0% higher than the total for April 2012. The year-to-date total of $139.10 million is 16.3% lower than the comparable figure for 2012.                                                                                                      

North Central-East Region

At $71.30 million, April manufacturing technology orders in the North Central-East Region were down 50.9% when compared with the $145.12 million total for March and down 34.6% when compared with April a year ago. With a year-to-date total of $434.94 million, 2013 is down 2.8% when compared with 2012 at the same time.                                    

North Central-West Region

      April manufacturing technology orders in the North Central-West Region totaled $69.88 million, 34.5% lower than March’s $106.65 million and down 10.3% when compared with the April 2012 figure. At $330.06 million, the 2013 year-to-date total is 2.6% higher than the comparable figure for 2012.

                                                                                 

South Central Region

      April manufacturing technology orders in the South Central Region totaled $59.60 million, 10.8% lower than March’s $66.85 million and down 30.7% when compared with the April 2012 figure. At $257.42 million, the 2013 year-to-date total is 28.3% less than the comparable figure for 2012.

                                                                               

West Region

West Region manufacturing technology orders in April stood at $64.27 million, down 19.6% from the March total of $79.95 million but 30.0% higher than the figure for April 2012.  The $238.30 million year-to-date total is 9.1% above the total for the same period in 2012.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

Quality Magazine

CoverImage

2014 July

Check out the July 2014 edition of Quality Magazine for features!

Table Of Contents Subscribe

The Biggest Obstacle/Concern?

In the current economic and business climate, what is the biggest obstacle/concern to your job?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

eNewsletters

STAY CONNECTED

facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png