Manufacturing technology orders fall
January U.S. manufacturing technology orders totaled $370.62 million according to AMT - The Association For Manufacturing Technology.
This total, as reported by companies participating in the USMTO program, was down 26.5% from December and down 12.2% when compared with the total of $422.33 million reported for January 2012. With a year-to-date total of $370.62 million, 2013 is down 12.2% compared with 2012.
“The drop-off between December and January is typical for technology orders, and it’s important to keep in mind that orders were exceptionally strong at the end of 2012, outperforming much of the broader economy,” said Douglas K. Woods, AMT president. “While the manufacturing economy continues to be strong, we may see its growth undercut by fiscal uncertainty due to the impact from sequestration.”
U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.
Northeast Region
Manufacturing technology orders in the Northeast Region in January totaled $50.0 million, down 34.1% from December’s $75.83 million and down 17.0% when compared with the January 2012 figure. At $50.0 million, 2013 year-to-date is down 17.0% when compared with 2012 at the same time.
Southeast Region
Southeast Region manufacturing technology orders totaled $35.53 million in January, down 47.6% from the $67.84 million total for December but 34.4% higher than the total for January 2012. The year-to-date total of $35.53 million is 34.4% more than the comparable figure for 2012.
North Central-East Region
At $98.54 million, January manufacturing technology orders in the North Central-East Region were down 15.1% when compared with the $116.01 million total for December and down 13.1% when compared with January a year ago. With a year-to-date total of $98.54 million, 2013 is down 13.1% when compared with 2012 at the same time.
North Central-West Region
January manufacturing technology orders in the North Central-West Region totaled $72.41 million, 34.1% lower than December’s $109.92 million and down 4.0% when compared with the January 2012 figure. At $72.41 million, the 2013 year-to-date total is 4.0% less than the comparable figure for 2012.
South Central Region
January manufacturing technology orders in the South Central Region totaled $72.44 million, 8.1% higher than December’s $67.02 million but down 25.8% when compared with the January 2012 figure. At $72.44 million, the 2013 year-to-date total is 25.8% less than the comparable figure for 2012.
West Region
West Region manufacturing technology orders in January stood at $41.69 million, down 38.6% from the December total of $67.89 million and 15.3% lower than the figure for January 2012. The $41.69 million year-to-date total is 15.3% below the total for the same period in 2012.
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