MDM Premium

Need Help?
(888) 742-5060

In The News:

Manufacturing Technology Orders Report: Strong Project Levels Continue

July 12, 2011
Reprints
A A

May U.S. manufacturing technology orders were $388.27 million, according to the American Machine Tool Distributors’ Association and the Association for Manufacturing Technology.  This total, as reported by companies participating in the USMTO program, was down 2.6 percent from April but up 121.3 percent when compared with the total of $175.46 million reported for May 2010.  With a year-to-date total of $1,984.87 million, 2011 is up 108 percent compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

“The May order numbers confirm our members’ reports of continued strong project levels by manufacturing companies to improve productivity in their factories,” said Peter Borden,     AMTDA president. “The 2,000 unit-per-month level signifies a very healthy demand still in place as we head toward the close of the second quarter.”

The U.S. Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations 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. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

U.S. manufacturing technology orders is also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region
At $64.30 million, May manufacturing technology orders in the Northeast Region were up 8.4 percent when compared with the $59.33 million total for April and up 88.4 percent when compared with May a year ago. The year-to-date total of $305.87 million is 92.4 percent more than the comparable figure for 2010.

Southern Region
May manufacturing technology orders in the Southern Region totaled $54.15 million, 5.1 percent more than April’s $51.52 million and 86.4 percent more than the May 2010 total. With a year-to-date total of $239.30 million, 2011 is up 56.9 percent when compared with 2010 at the same time.

Midwest Region
Midwest Region manufacturing technology orders in May stood at $137.62 million, 10.9 percent more than the April total of $124.14 million and up 232.6 percent when compared with last May. At $691.81 million, the 2011 year-to-date total is 168.5 percent more than the comparable figure for 2010.

Central Region
Manufacturing technology orders in the Central Region in May totaled $95.18 million, down 21.6 percent from April’s $121.36 million but up 83.8 percent when compared with the May 2010 figure. The $551.71 million year-to-date total is 106.6 percent higher than the total for the same period in 2010.

Western Region
Western Region manufacturing technology orders totaled $37.02 million in May, 12.1 percent less than the $42.11 million total for April but 93.9 percent higher than the tally for May 2010. At $196.18 million, 2011 year-to-date is up 66.3 percent when compared with last year at the same time.

Copyright ©2014

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center