These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.
“We continue to see manufacturing as a leading player in the U.S. economy. While manufacturing technology orders were down for the month, we believe we are coming into an environment ripe for capital investment,” said Douglas K. Woods, President, AMT. “With a strong PMI reading in July and a record high for U.S. exports, manufacturing shows no signs of slowing. Additionally, as capital equipment is reaching an advanced age and interest rates are continuing to stay low, we believe we will see strong order activity in the months following IMTS.”
Year-to-date manufacturing technology orders in the Northeast Region through July totaled $430.85 million, off 8.4 percent when compared with 2013 at the same time.
At $245.17 million, 2014 year-to-date manufacturing technology orders in the Southeast Region were down 2.4 percent when compared with the total for 2013 at the same time.
North Central-East Region
July manufacturing technology orders in the North Central-East Region totaled $91.30 million, down 21.9 percent from June’s $116.87 million but up 10.3 percent when compared with the $82.79 million figure for July 2013. With a year-to-date total of $754.86 million, 2014 was 5.9 percent higher than the 2013 total at the same time.
South Central Region
At $65.07 million, July manufacturing technology orders in the South Central Region were up 14.9 percent from June’s $56.63 million and up 6.9 percent from the $60.85 million total for July 2013. Year-to-date orders totaled $434.78 million, 0.3 percent more than the comparable figure for 2013.