September U.S. manufacturing technology orders totaled $647.63 million according to AMT – The Association For Manufacturing Technology. This total was up 77.3 percent from August and 61.4 percent when compared with September 2013. Year-to-date totals are up 5.2 percent 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 mid-term 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:
- The Northeast Region is up 84.9 percent from August and 86.5 percent when compared with last September.
- The Southeast Region is 9.3 percent higher than the comparable figure for 2013.
- The North Central-East Region is up 46.6 percent from August and 27.1 percent when compared with September 2013.
- The North Central-West Region saw an increse of 101.3 percent from August and is up 85.2 percent from a year ago.
USMTO data is also available at www.AMTonline.org.