October Manufacturing Technology Orders Up 10.2 Percent

According to the Association of Manufacturing Technology (McLean, VA), October U.S. manufacturing technology orders totaled $435.02 million. This total, as reported by companies participating in the USMTO program, was up 10.2 percent from September but down 3.2 percent when compared with the total of $449.44 million reported for October 2012.

With a year-to-date total of $3,938.69 million, 2013 is down 10.6 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 USMTOd program.

“October’s order growth, combined with the latest PMI reading, is added reinforcement that manufacturing is continuing on its positive trend,” said AMT president Douglas K. Woods. “We expect more good news headed into 2014, especially as domestic energy costs continue to drop and as key industry segments show solid growth, particularly automotive.”

The Northeast Region manufacturing technology orders in October totaled $71.51 million, up 16.8 percent when compared with September’s $61.22 million and up 12.1 percent when compared with October a year ago. The $655.00 million 2013 year-to-date total is up 2.1 percent from the comparable figure for 2012.

Year-to-date Southeast Region manufacturing technology orders totaled $359.79 million, down 20.2 percent when compared with 2012 at the same time.

Manufacturing technology orders in the North Central-East Region in October totaled $103.72 million, down 0.2 percent when compared with September’s $103.95 million and down 15.1 percent when compared with October 2012. With a year-to-date total of $1,007.76 million, 2013 is down 11.0 percent when compared with 2012 at the same time.

At $91.72 million, October North Central-West Region manufacturing technology orders were 26.8 percent higher than September’s $72.32 million. Year-to-date orders of $737.92 million were 14.0 percent less than the total for 2012 at the same time.

October South Central Region manufacturing technology orders of $57.88 million were off 4.5 percent from September’s $60.59 million and off 11.2 percent when compared with the total for October 2012. The year-to-date total of $599.64 million was 20.8 percent less than the comparable figure for 2012.

With a year-to-date total of $578.59 million, West Region manufacturing technology orders were up 2.5 percent when compared with 2012 at the same time.

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