US Manufacturing Technology Orders Up 38.5% from February to March

May 21, 2014

March U.S. manufacturing technology orders totaled $492.78 million, which is 38.5 percent higher than February totals and 2.9 percent better than March 2013 totals.

Staff

Manufacturing Inspection at Bottling Plant

March U.S. manufacturing technology orders totaled $492.78 million, according to The Association for Manufacturing Technology (AMT). This total, as reported by companies participating in the United States Manufacturing Technology Orders (USMTO) program, was up 38.5 percent from February and up 2.9 percent when compared with the total of $479.04 million reported for March 2013. With a year-to-date total of $1,228.60 million, 2014 is up 0.9 percent compared with 2013.

The 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.

U.S. manufacturing technology orders are reported on a regional basis for six geographic breakdowns of the U.S.

Northeast Region

At $67.49 million, manufacturing technology orders in the Northeast Region in March were up 5.5 percent when compared with February’s $63.96 million.

Southeast Region

Year-to-date 2014 manufacturing technology orders in the Southeast Region through March totaled $106.13 million.

North Central-East Region

March manufacturing technology orders in the North Central-East Region totaled $200.33 million, up 145.1 percent from February’s $81.75 million and up 42.2 percent when compared with last March. At $370.20 million, year-to-date 2014 was up 4.8 percent from the comparable figure for 2013.

South Central Region

Year-to-date 2014, manufacturing technology orders in the South Central Region through March totaled $179.07 million.