The 2020 Mid-Year Economic Update_long

June Manufacturing Technology Orders Down 13.2%

Month's total of $355.4 million up 4.6 percent compared to May.

June U.S. manufacturing technology orders totaled $355.4 million according to AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 13.2 percent from the June 2014 total of $409.7 million but up 4.6 percent when compared to May's total of $339.9 million.

“This monthly boost in orders is good news at face value, but belies an overall sense of concern in U.S. manufacturing,” said AMT President Douglas K. Woods. “There was noteworthy activity in the aerospace, off road/highway construction, automotive, and contract machining industries. But if not for a dozen or so standout orders from those industries, it could have been another down month. Economic uncertainty both here and internationally continues to cause concern and hesitation to invest in capital equipment, yet opportunities remain within several core industry sectors.”

Northeast Region

Northeast Region manufacturing technology orders in June were $77 million, 24.7 percent more than the $61.8 million total for May.

Southeast Region

Manufacturing technology orders for the Southeast Region totaled $37.2 million in June. Data for the previous month was not available.

North Central-East Region

With a June total of $80.9 million, North Central-East Region manufacturing technology orders were down 8.8 percent from the $88.8 million tally for May.

North Central-West Region

Manufacturing technology orders in the North Central-West Region in June totaled $68.1 million, 9.1 percent more than May.

South Central Region

South Central Region manufacturing technology orders for 2015 totaled $35.6 million for June. Data for the previous month was not available.

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