Manufacturing technology orders down
June U.S. manufacturing technology orders totaled $355.43 million according to AMT – The Association For
Manufacturing Technology.
This total, as reported by companies participating in the USMTO program, was up 4.6% from May’s $339.86 million but down 13.2% when compared with the total of $409.68 million reported for June 2014. With a year-to-date total of $2,157.64 million, 2015 was down 8.7% when compared with 2014.
“This monthly boost in orders is good news at face value, but belies an overall sense of concern in U.S. manufacturing,” said AMT president Douglas K. Woods. “There was noteworthy activity in the aerospace, off road/highway construction, automotive, and contract machining industries. But if not for a dozen or so standout orders from those industries, it could have been another down month. Economic uncertainty both here and internationally continues to cause concern and hesitation to invest in capital equipment, yet opportunities remain within several core industry sectors.”
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
