August manufacturing technology orders down
August U.S. manufacturing technology orders fell 6 percent compared to last year to $356.69 million.
According to AMT – The Association For Manufacturing Technology, the total was up 0.4% from July. With a year-to-date total of $3,076.98 million, 2014 is down 2.4% compared with 2013.
“U.S. manufacturing activity remains at a brisk pace, and especially encouraging for manufacturing technology orders was a recent uptick in durable goods orders, particularly in aerospace, automotive, and several other key industries,” said Douglas K. Woods, president, AMT-The Association For Manufacturing Technology. “There has also been good news in factory employment as more manufacturers add workers to their payrolls. With AMT’s Global Forecasting & Marketing Conference taking place this week in Detroit featuring some of the top industry analysts and economists, we believe we will be hearing more positive news from their forecasts for the manufacturing technology industry over the next few years.”
U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.
Northeast Region
At $60.40 million, August manufacturing technology orders in the Northeast Region were down 2.1% when compared with last August’s $61.69 million. The year-to-date total of $495.75 million was 6.8% less than the equivalent figure for 2013.
Southeast Region
At $287.94 million, 2014 year-to-date manufacturing technology orders in the Southeast Region were 0.5% higher than the comparable figure for 2013.
North Central-East Region
August manufacturing technology orders in the North Central-East Region stood at $87.42 million, down 4.2% from July’s $91.25 million and down 11.5% when compared with the $98.83 million tally in August 2013. The 2014 year-to-date total of $844.02 million was 4.0% more than the 2013 total at the same time.
North Central-West Region
North Central-West Region manufacturing technology orders in August totaled $65.35 million, down 6.8% when compared with the $70.12 million for August 2013. With a year-to-date total of $507.68 million, 2014 was off 12.9% compared with 2013 at the same time.
South Central Region
Year-to-date manufacturing technology orders in the South Central Region totaled $482.12 million, 1.2% less than the comparable figure for 2013.
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