Year-to-Date U.S. Manufacturing Technology Orders Up 4.1% Over 2011
August U.S. manufacturing technology orders totaled $470.44 million according to The Association for Manufacturing Technology (AMT). This total, as reported by companies participating in the USMTO program, was up 3.4% from July but down 4.7% when compared with the total of $493.60 million reported for August 2011.
With a year-to-date total of $3,606.56 million, 2012 is up 4.1% 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.
“It’s a great sign for the industry to see both month-to-month and year-over-year gains in August, historically one of the slowest months for orders,” said Douglas K. Woods, AMT President. “With U.S. manufacturers still working through 5 months’ worth of backlogs along with what seemed to be exceptional order activity at IMTS this September, we may very well see a record year for USMTO over and above the last peak in 2011.”
