October manufacturing technology orders down
October U.S. manufacturing technology orders totaled $435.02 million, down 3.2% compared with $449.44 million reported for October 2012.
According to AMT - The Association For Manufacturing Technology, the October figure was up 10.2% from September. With a year-to-date total of $3,938.69 million, 2013 is down 10.6% compared with 2012.
“October’s order growth, combined with the latest PMI reading, is added reinforcement that manufacturing is continuing on its positive trend,” said AMT president Douglas K. Woods. “We expect more good news headed into 2014, especially as domestic energy costs continue to drop and as key industry segments show solid growth, particularly automotive.”
U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.
Northeast Region
Northeast Region manufacturing technology orders in October totaled $71.51 million, up 16.8% when compared with September’s $61.22 million and up 12.1% when compared with October a year ago. The $655.00 million 2013 year-to-date total is up 2.1% from the comparable figure for 2012.
Southeast Region
Year-to-date Southeast Region manufacturing technology orders totaled $359.79 million, down 20.2% when compared with 2012 at the same time.
North Central-East Region
Manufacturing technology orders in the North Central-East Region in October totaled $103.72 million, down 0.2% when compared with September’s $103.95 million and down 15.1% when compared with October 2012. With a year-to-date total of $1,007.76 million, 2013 is down 11.0% when compared with 2012 at the same time.
North Central-West Region
At $91.72 million, October North Central-West Region manufacturing technology orders were 26.8% higher than September’s $72.32 million. Year-to-date orders of $737.92 million were 14.0% less than the total for 2012 at the same time.
South Central Region
October South Central Region manufacturing technology orders of $57.88 million were off 4.5% from September’s $60.59 million and off 11.2% when compared with the total for October 2012. The year-to-date total of $599.64 million was 20.8% less than the comparable figure for 2012.
West Region
With a year-to-date total of $578.59 million, West Region manufacturing technology orders were up 2.5% when compared with 2012 at the same time.
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