The 2020 Mid-Year Economic Update_long

October Manufacturing Technology Orders Down 35% from September

Year to date, 2014 is up 3.8 percent compared with 2013.

October U.S. manufacturing technology orders totaled $417.8 million according to AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 35 percent from September and down 6.2 percent when compared with the total of $445.64 million reported for October 2013.

With a year-to-date total of $4,150.41 million, 2014 is up 3.8 percent compared with 2013.

Northeast Region
At $671.19 million, the 2014 year-to-date total for Northeast Region manufacturing technology orders was 0.5 percent higher than the comparable figure for 2013.

Southeast Region
Year-to-date manufacturing technology orders for the Southeast Region totaled $390.43 million up 6.4 percent when compared with 2013 at the same time.

North Central-East Region
North Central-East Region manufacturing technology orders in October stood at $106.51 million, down 20.4 percent from September’s $133.80 million but up slightly when compared with the $106.33 million total for October 2013. The 2014 year-to-date total of $1,090.99 million was 6.6 percent higher than the 2013 total at the same time.

North Central-West Region
At $89.09 million, North Central-West Region manufacturing technology orders in October were off 32.9 percent from September’s $132.72 million and off 3.9 percent from the October 2013 total of $92.66 million. The 2014 year-to-date total of $730.68 million was 2.5 percent less than the comparable figure for 2013.

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