Although orders were down, January average unit values hit their highest level since January 2015 suggesting manufacturers are buying more sophisticated manufacturing technology to ramp up productivity rather that expand operations which would show a broader increase in orders and lower unit values.
January U.S. manufacturing technology orders totaled $365.06 million according to AMT - The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 25.2% from December but up 1.3% when compared with the total of $360.31 million reported for January 2013.
July U.S. manufacturing technology orders totaled $351.21 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 23.6% from June and down 23.6% when compared with the total of $459.44 million reported for July 2012.