Manufacturing technology orders rise dramatically
September U.S. manufacturing technology orders rose by 77.3% compared to August and were up 61.4% compared to September 2013.
Orders totaled $647.63 million according to AMT – The Association For Manufacturing Technology. With a year-to-date total of $3,738.72 million, 2014 is up 5.2% compared with 2013.
“We now have data to back up the anecdotal reports that IMTS was an exceptionally strong show. This is a great sign that manufacturers are eager to invest in equipment that will boost their productivity,” said Douglas K. Woods, AMT president. “But, Washington’s cooperation will be essential to continuing our momentum going forward. With the midterm elections just passed, Congress now must focus on passing tax extender legislation during the lame-duck session, and then taking on comprehensive tax reform once the new Congress convenes in 2015.”
U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.
Northeast Region
Northeast Region manufacturing technology orders in September totaled $115.94 million, up 84.9% from August’s $62.72 million and up 86.5% when compared with last September’s $62.17 million. The $614.09 million year-to-date total was up 3.4% when compared with 2013 at the same time.
Southeast Region
At $356.43 million, the 2014 year-to-date total for Southeast Region manufacturing technology orders was 9.3% higher than the comparable figure for 2013..
North Central-East Region
September manufacturing technology orders in the North Central-East Region reached $133.90 million, up 46.6% from August’s $91.32 million and up 27.1% when compared with the $105.35 million total for September 2013. The 2014 year-to-date total of $983.23 million was 7.2% more than the 2013 tally at the same time.
North Central-West Region
North Central-West Region manufacturing technology orders in September stood at $136.76 million, a rise of 101.3% from August’s $67.95 million and up 85.2% when compared with the $73.85 million for September a year ago. The 2014 year-to-date total of $647.27 million was 1.4% less than the comparable figure for 2013.
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.
