May U.S. manufacturing technology orders totaled $388.27 million according to AMTDA, the American Machine Tool Distributors’ Association and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 2.6% from April, but up 121.3% when compared with the total of $175.46 million reported for May 2010. With a year-to-date total of $1,984.87 million, 2011 is up 108.0% compared with 2010.
U.S. manufacturing technology orders is also reported on a regional basis for five geographic breakdowns of the United States.
Read full report here Manufacturing Technology Orders up 108.0% in 2011. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.
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