Advertisement
Articles
Advertisement

USMTO: Technology Orders Maintained Strength In November

Thu, 01/12/2012 - 12:30pm

Below you can find the latest technology orders report from the American Machine Tool Distributors' Association (AMTDA) and AMT - The Association For Manufacturing Technology. This is a monthly report that outlines the health of technology purchasing by manufacturers, such as domestic and imported machine tools.


Updated: December 13, 2011

Manufacturing.net's take:

The USMTO report has long been an optimistic indicator of economic progress for manfuacturers. The fact that the 2011 totals continue to show improvement over 2010 is fantastic news, but not entirely unexpected. On a month-to-month level, the report show constriction in manufacturing technology orders throughout November, which follows a drop in October as well. This could be attributed to a year's-end cooldown, but we're hoping it's not indicative of a larger decline in the industry as 2012 approached and progresses.

In some ways, it's too bad the USMTO report for a given month isn't available until a month-and-a-half after the fact, as right now, we're curious about how the December report will read. With a good deal of trumpeting about the unemployment rate and new jobs, it will be interesting if this report follows suit.

---

November, 2011

November U.S. manufacturing technology orders totaled $430.17 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 6.9% from October but up 26.6% when compared with the total of $339.68 million reported for November 2010. With a year-to-date total of $4,956.51 million, 2011 is up 73.9% compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

“Manufacturing technology orders slowed slightly in November, but maintained their sprint toward the 2011 finish line thanks to the bonus depreciation tax incentive,” said Peter Borden, AMTDA President. “The order slowdown in metal cutting equipment was countered by acceleration in the fabricating sector and contributed to an increase over 2010 of nearly 75%. Backlogs for 2012 are very healthy at this point and growing longer.”

The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and nationalU.S.orders data of domestic and imported machine tools and related equipment. 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.

U.S.manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of theUnited States.

 

Northeast Region

At $64.88 million, November manufacturing technology orders in the Northeast Region were down 1.8% when compared with the $66.09 million total for October and down 1.4% when compared with November a year ago. The year-to-date total of $743.95 million is 38.9% more than the comparable figure for 2010.

Southern Region

November manufacturing technology orders in the Southern Region totaled $51.77 million, 4.0% less than October’s $53.91 million but 17.3% more than the November 2010 total. With a year-to-date total of $619.34 million, 2011 is up 55.5% when compared with 2010 at the same time.

Midwest Region

Midwest Region manufacturing technology orders in November stood at $141.29 million, 5.0% less than the October total of $148.77 million but up 22.1% when compared with last November. At $1,663.63 million, the 2011 year-to-date total is 94.0% more than the comparable figure for 2010.

Central Region

Manufacturing technology orders in the Central Region in November totaled $125.10 million, down 9.6% from October’s $138.31 million but up 56.4% when compared with the November 2010 figure. The $1,354.89 million year-to-date total is 81.9% higher than the total for the same period in 2010.

Western Region

Western Region manufacturing technology orders totaled $47.14 million in November, 14.6% less than the $55.17 million total for October but 34.3% higher than the tally for November 2010. At $574.70 million, 2011 year-to-date is up 83.5% when compared with last year at the same time.


October, 2011

McLean,Va. . . . October U.S. manufacturing technology orders totaled $463.32 million according to AMT-The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors’ Association. This total, as reported by companies participating in the USMTO program, was down 22.4% from September but up 20.3% when compared with the total of $385.21 million reported for October 2010. With a year-to-date total of $4,529.11 million, 2011 is up 80.5% compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

“Manufacturing technology orders through October have already surpassed the total value accumulated in 2007,” said AMT President Douglas Woods. “The beginning of 2012 will be a little slow as tax incentives pulled some orders back into 2011, which will likely make 2012 growth softer.”

The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. 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.

U.S.manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of theUnited States.

Northeast Region

At $64.11 million, October manufacturing technology orders in the Northeast Region were down 43.0% when compared with the $112.41 million total for September and down 34.1% when compared with October a year ago. The year-to-date total of $677.09 million is 44.5% more than the comparable figure for 2010.

Southern Region

October manufacturing technology orders in the Southern Region totaled $55.87 million, 28.4% less than September’s $78.04 million but 40.6% more than the October 2010 total. With a year-to-date total of $568.93 million, 2011 is up 60.7% when compared with 2010 at the same time.

Midwest Region

Midwest Region manufacturing technology orders in October stood at $149.95 million, 13.0% less than the September total of $172.26 million but up 30.5% when compared with last October. At $1,523.76 million, the 2011 year-to-date total is 105.4% more than the comparable figure for 2010.

Central Region

Manufacturing technology orders in the Central Region in October totaled $138.74 million, down 16.4% from September’s $165.98 million but up 49.3% when compared with the October 2010 figure. The $1,232.28 million year-to-date total is 85.3% higher than the total for the same period in 2010.

Western Region

Western Region manufacturing technology orders totaled $54.65 million in October, 19.9% less than the $68.25 million total for September but 35.3% higher than the tally for October 2010. At $527.05 million, 2011 year-to-date is up 88.8% when compared with last year at the same time.


September, 2011

September U.S. manufacturing technology orders totaled $606.56 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 up 22.9% from August and up 51.9% when compared with the total of $399.32 million reported for September 2010. With a year-to-date total of $4,074.00 million, 2011 is up 91.9% compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

"September numbers were the second highest monthly dollar total in the last 15 years!" said Peter Borden, AMTDA President. "American manufacturers are still rushing to beat the end-of-year bonus depreciation deadline."

The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. 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.

U.S. manufacturing technology orders is also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region

At $112.75 million, September manufacturing technology orders in the Northeast Region were up 74.6% when compared with the $64.56 million total for August and up 71.9% when compared with September a year ago. The year-to-date total of $612.93 million is 65.0% more than the comparable figure for 2010.

Southern Region

September manufacturing technology orders in the Southern Region totaled $78.04 million, 34.5% more than August's $58.03 million and 16.1% more than the September 2010 total. With a year-to-date total of $513.08 million, 2011 is up 63.2% when compared with 2010 at the same time.

Midwest Region

Midwest Region manufacturing technology orders in September stood at $175.88 million, 3.7% less than the August total of $182.55 million but up 48.9% when compared with last September. At $1,376.97 million, the 2011 year-to-date total is 119.6% more than the comparable figure for 2010.

Central Region

Manufacturing technology orders in the Central Region in September totaled $170.82 million, up 22.4% from August's $139.55 million and up 48.1% when compared with the September 2010 figure. The $1,098.33 million year-to-date total is 92.0% higher than the total for the same period in 2010.

Western Region

Western Region manufacturing technology orders totaled $69.07 million in September, 41.9% more than the $48.66 million total for August and up 109.1% higher than the tally for September 2010. At $472.69 million, 2011 year-to-date is up 98.0% when compared with last year at the same time.


August, 2011

August U.S. manufacturing technology orders totaled $460.61 million according to AMT - The Association For Manufacturing Technology and AMTDA, the American Machine Tool Distributors' Association. This total, as reported by companies participating in the USMTO program, was down 9.4 percent from July but up 88.5 percent when compared with the total of $244.35 million reported for August 2010. With a year-to-date total of $3,439.21 million, 2011 is up 101.0 percent compared with 2010.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.

"Despite news reports that wider economic growth may be stagnating, the manufacturing technology industry is sustaining its momentum," said Douglas Woods, AMT President. "With orders still up substantially over last year, there is clearly optimism within the industry as firms are seeing future growth opportunities that merit new capital investment."

The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. 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.

U.S. manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region

Northeast Region manufacturing technology orders totaled $64.32 million in August, 9.5 percent more than the $58.72 million total for July and 64.4 percent higher than the total for August 2010. At $500.03 million, 2011 year-to-date is up 64.0 percent when compared with last year at the same time.

Southern Region

At $58.18 million, August manufacturing technology orders in the Southern Region were down 23.0 percent when compared with the $75.55 million total for July but up 90.1 percent when compared with August a year ago. The year-to-date total of $440.45 million is 81.1 percent more than the comparable figure for 2010.

Midwest Region

August manufacturing technology orders in the Midwest Region totaled $144.68 million, 9.3 percent less than July's $159.53 million but up 77.4 percent when compared with the August 2010 figure. With a year-to-date total of $1,162.38 million, 2011 is up 128.9 percent when compared with 2010 at the same time.

Central Region

Central Region manufacturing technology orders in August stood at $140.07 million, 30.5 percent more than the July total of $107.34 million and 115.5 percent higher when compared with last August. At $928.03 million, the 2011 year-to-date total is 105.6 percent more than the comparable figure for 2010.

Western Region

Manufacturing technology orders in the Western Region in August totaled $53.35 million, down 50.2 percent from July's $107.13 million but up 90.1 percent when compared with the August 2010 figure. The $408.31 million year-to-date tally is 100.6 percent higher than the total for the same period in 2010.

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading