June Manufacturing Technology Orders Down 5.8% from May - Modern Distribution Management

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June Manufacturing Technology Orders Down 5.8% from May

Year to date, U.S. manufacturing technology orders are down 5.7 percent.
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June U.S. manufacturing technology orders totaled $426.83 million, according to AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 5.8 percent from May and down 5.7 percent when compared with the total of $452.75 million reported for June 2012.

With a year-to-date total of $2,538.55 million, 2013 is down 5.7 percent compared with 2012.

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

“It’s typical for orders to experience a modest drop going into the summer months, and we’ve seen this lull in six of the past nine summers. It’s important to remember that in the overall picture, this is a very strong order level,” said Douglas K. Woods, AMT president. “Manufacturing is still the key area driving the economy. With durable goods orders at a record level of $244 billion in June, and the Purchasing Managers’ Index at 55, we expect manufacturing technology orders to hold steady through the end of the year.”

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

Northeast Region
June manufacturing technology orders in the Northeast Region totaled $66.29 million, down 21.8 percent when compared with May’s $84.80 million and off 3.5 percent from the total for June 2012. With a year-to-date total of $403.45 million, 2013 is up 1.3 percent when compared with 2012 at the same time.

Southeast Region
Southeast Region manufacturing technology orders in June stood at $49.75 million, up 12.2 percent from May’s $44.36 million but 24 percent less than the total for June 2012. The $233.75 million year-to-date total is 15 percent lower than the comparable figure for 2012.

North Central-East Region
Manufacturing technology orders in the North Central-East Region in June totaled $112.90 million, up 9.3 percent when compared with May’s $103.32 million and 6 percent more than the June 2012 total. At $654.66 million, 2013 year-to-date is 6 percent less than the total for 2012 at the same time.

North Central-West Region
North Central-West Region manufacturing technology orders totaled $78.13 million in June, up slightly from the $77.45 million tallied in May but down 6.5 percent when compared with June 2012. The year-to-date total of $489.65 million is 0.6 percent lower than the comparable figure for 2012.

South Central Region
At $62.86 million, June manufacturing technology orders in the South Central Region were down 3.6 percent when compared with the $65.23 million total for May and down 15.7 percent when compared with June a year ago. With a year-to-date total of $3831 million, 2013 is down 22.6 percent when compared with 2012 at the same time.

West Region
West Region manufacturing technology orders in June totaled $56.91 million, 27.2 percent lower than May’s $78.15 million but up 5.7 percent when compared with the total for June 2012. With a year-to-date total of $3743 million, 2013 is up 11.7 percent when compared with 2012 at the same time.

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