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Tuesday, September 2, 2014

USMTO: Manufacturing Technology Orders Rise in September

USMTO 150Manufacturing technology orders in the U.S. totaled $397.57 million in September, according to the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology. The total was up 5.8 percent from August, but down 31.1 percent compared to the $577.17 million reported for September 2012. The year-to-date total of more than $3.5 billion for this year is down 11.3 percent compared to a similar period for 2012.

The USMTO totals are produced from self-reported data supplied by companies participating in the USMTO program.

“The monthly gain in USMTO indicates that manufacturers are making capital investments, and we expect these gains will grow in 2014. The year-over-year decline was anticipated due to the typical high volume during an IMTS year, which we saw in September 2012,” said Douglas K. Woods, AMT president. “A recent uptick in factory orders shows strong activity in a number of industries, particularly aerospace, which is forecast to grow more than 10 percent in the coming year. We also expect growth in automotive and energy, good news for manufacturing overall.”

AMT has not yet released complete USMTO figures. The regional breakdown available at press time:.

Northeast Region

Total: $60.76 million

Change from August: -1.1 percent

Change from September 2012: 30 percent

Year-to-date (YTD): $583.19 million

Change from 2012: 0.9 percent

Southeast Region

YTD:  $320.66 million

Change from 2012: -19.5 percent

North Central-East Region

Total: $105.83 million

Change from August: 10.8 percent

Change from September 2012: -52.6 percent

YTD: $906.05 million

Change from 2012: -10.3 percent

North Central-West Region

Total: $72.56 million

Change from August: 3.2 percent

Change from September 2012: -52.6 percent

YTD: $646.78 million

Change from 2012: -16.1 percent

 South Central Region

Total: $60.59 million

Change from August: 13 percent

Change from September 2012: -22.5 percent

YTD: $541.76 million

Change from 2012: -21.7 percent

 West Region

YTD: $509.26 million

Change from 2012: No change.

–Brian Lane

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