January manufacturing technology orders rise
January U.S. manufacturing technology orders totaled $365.06 million, 1.3% higher than January 2013.
This total, according to AMT - The Association For Manufacturing Technology, was down 25.2% from December.
“While monthly order totals are down from December, January is always a soft month and more so this year due to an unusually harsh winter. Overall the news for manufacturing remains positive, with an improving housing market and strong indicators for near-term capital investment,” said Douglas K. Woods, AMT president. “We are still optimistic for a strong 2014 and 2015 for manufacturing technology orders, especially as we move through an IMTS year.”
U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.
Northeast Region
Manufacturing technology orders in the Northeast Region in January were up 7.8% when compared with January 2013.
Southeast Region
At $37.36 million, January Southeast Region manufacturing technology orders were down 17.8% from December’s $45.46 million but up 8.9% when compared with last January’s $34.30 million.
North Central-East Region
January manufacturing technology orders in the North Central-East Region totaled $92.84 million a 32.3% drop from December’s $137.12 million and 9.5% less than the $102.62 million for January 2013.
North Central-West Region
The North Central-West Region January 2014 manufacturing technology order total of $55.71 million was off 18.2% from the $68.14 million tallied in January 2013.
South Central Region
South Central Region manufacturing technology orders in January 2014 totaled $51.57 million.
West Region
Manufacturing technology orders in the West Region in January were up 11.5% from December and up 93.7% when compared with January a year ago.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
