Manufacturing technology orders down year-to-year
March U.S. manufacturing technology orders totaled $399.83 million, down 18.7% compared with $491.73 million reported for March 2014.
This total, as reported by companies participating in the USMTO program of AMT – The Association For Manufacturing Technology, was up 30.3% from February’s $306.96 million. With a year-to-date total of $1,052.29 million, 2015 was down 12.7% when compared with 2014.
“There are many indications that our end-user customers are making significant investments in their manufacturing facilities to increase capacity, including GM’s announcement that it will invest billions in its U.S. plants,” said AMT president Douglas K. Woods. “Overall we expect the industry to hold steady with a push-pull between strong domestic investment in manufacturing but a drag on foreign trade due to the dollar’s strength.”
U.S. manufacturing technology orders are also reported on a regional basis:
Northeast Region
Northeast Region 2015 year-to-date manufacturing technology orders totaled $222.69 million, 11.8% more than the 2014 total at the same time.
North Central-East Region
With a March total of $116.75 million, North Central-East Region manufacturing technology orders were 56.1% more than February’s $74.77 million but 41.7% less than the March 2014 total. Year-to-date orders totaled $283.99 million, down 22.9% from the comparable figure for 2014.
North Central-West Region
Year-to-date manufacturing technology orders in the North Central-West Region totaled $216.13 million, up 23.9% when compared with 2014 at the same time.
South Central Region
South Central Region year-to-date manufacturing technology orders for 2015 totaled $84.91 million, down 51.9% from the comparable figure for 2014.
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.
