January manufacturing technology orders rise
January U.S. manufacturing technology orders totaled $401.69 million, up 8.4% from January 2011, according to AMT - The Association For Manufacturing Technology.
However, the total was down 26.5% from December.
“January’s increase in manufacturing technology orders over 2011 is great in light of lower forecasts by experts,” said AMT president Douglas K. Woods. “I think the continued growth highlights manufacturers’ increasing confidence in future growth and that their bottom lines are being channeled into investments in advanced manufacturing technologies.”
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 totaled $56.01 million in January, 43.2% less than the $98.67 million total for December but 12.5% more than the total for January 2011.
Southern Region
At $35.57 million, January manufacturing technology orders in the Southern Region were down 62.1% when compared with the $93.93 million total for December and down 33.6% when compared with January a year ago.
Midwest Region
January manufacturing technology orders in the Midwest Region totaled $141.71 million, 23.8% less than December’s $186.07 million but up 24.9% when compared with the January 2011 figure.
Central Region
Central Region manufacturing technology orders in January stood at $128.30 million, 11.6% more than the December total of $115.01 million and 16.1% higher than last January’s total.
Western Region
Manufacturing technology orders in the Western Region in January totaled $40.10 million, down 24.1% from December’s $52.80 million and off 7.0% when compared with the January 2011 figure.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
