US Manufacturing Technology Orders Up 5.2%

Nov. 13, 2014

September U.S. manufacturing technology orders totaled $647.63 million, according to The Association For Manufacturing Technology.

Staff

September U.S. manufacturing technology orders totaled $647.63 million, according to The Association For Manufacturing Technology. This total, as reported by companies participating in the United States Manufacturing Technology Orders (USMTO) program, was up 77.3 percent from August and up 61.4 percent when compared with the total of $401.18 million reported for September 2013. With a year-to-date total of $3,738.72 million, 2014 is up 5.2 percent compared with 2013.

“This is a great sign that manufacturers are eager to invest in equipment that will boost their productivity,” said Douglas K. Woods, AMT President. “But, Washington’s cooperation will be essential to continuing our momentum going forward. With the midterm elections just passed, Congress now must focus on passing tax extender legislation during the lame-duck session, and then taking on comprehensive tax reform once the new Congress convenes in 2015.”

The USMTO report provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.

Northeast
Northeast Region manufacturing technology orders in September totaled $115.94 million, up 84.9 percent from August’s $62.72 million and up 86.5 percent when compared with last September’s $62.17 million. The $614.09 million year-to-date total was up 3.4 percent when compared with 2013 at the same time.

Southeast
At $356.43 million, the 2014 year-to-date total for Southeast Region manufacturing technology orders was 9.3 percent higher than the comparable figure for 2013.

North Central-East
September manufacturing technology orders in the North Central-East Region reached $133.90 million, up 46.6 percent from August’s $91.32 million and up 27.1 percent when compared with the $105.35 million total for September 2013. The 2014 year-to-date total of $983.23 million was 7.2 percent more than the 2013 tally at the same time.

North Central-West
North Central-West Region manufacturing technology orders in September stood at $136.76 million, a rise of 101.3 percent from August’s $67.95 million and up 85.2 percent when compared with the $73.85 million for September a year ago. The 2014 year-to-date total of $647.27 million was 1.4 percent less than the comparable figure for 2013.