Manufacturing technology orders up 2.6% in 2012
December U.S. manufacturing technology orders totaled $499.43 million, down 9.4% from December 2011.
With a year-end total of $5.7 billion, 2012 was up 2.6% compared with 2011, according to AMT - The Association For Manufacturing Technology.
“Finishing 2012 with the highest order total in 13 years certainly confirms the renaissance of U.S. manufacturing,” said Douglas K. Woods, AMT president. “This also shows the resilience of the industry in the face of GDP contraction in the fourth quarter, along with fiscal and political concerns that have been overshadowing much of the general economy.”
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 in December stood at $74.02 million, up 10.1% from the November total of $67.24 million but down 25.0% when compared with December 2011. The $789.38 million year-end total was 9.0% less than the total for 2011.
Southern Region
Manufacturing technology orders in the Southern Region in December totaled $78.11 million, up 19.1% from November’s $65.58 million but down 12.4% when compared with December 2011. At $835.28 million, 2012 was up 12.2% when compared with 2011.
Midwest Region
Midwest Region manufacturing technology orders totaled $166.19 million in December, a rise of 27.3% when compared with November’s $130.54 million but 9.7% less than the total for December 2011. The year-end total of $1,814.51 is 1.0% more than the comparable figure for 2011.
Central Region
At $125.05 million, December manufacturing technology orders in the Central Region were up 14.6% when compared with the $109.10 million total for November but down 1.2% when compared with December a year ago. With a year-end total of $1,586.85 million, 2012 was up 4.7% when compared with 2011.
Western Region
December manufacturing technology orders in the Western Region totaled $56.06 million, up 8.6% from November’s $51.62 million and up 6.8% when compared with the December 2011 total. At $679.56 million, the 2012 total was 6.9% more than the comparable figure for 2011.
INDUSTRIAL SUPPLY MAGAZINE
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