U.S. Manufacturing Technology Orders Decrease in September, Automotive Sector Sees Slight Increase
U.S. manufacturing technology orders fell 1 percent from the previous month to a total of $361.5 million in September 2019 according to the latest U.S. Manufacturing Technology Orders Report published by AMT—The Association For Manufacturing Technology. Orders decreased 41 percent from September 2018, yielding a 10 percent decline in the first three quarters of 2019.
Aerospace orders were flat, machine shops were down modestly, and the automotive sector saw a slight increase despite a decrease in orders in the transmission and powertrain sector.