For Release: August 10, 2015

Contact:
Bonnie Gurney, AMT, 703-827-5277
bgurney@AMTonline.org
 


Manufacturing Technology Orders Up in June  
 

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.

These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program. 

“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.” 
 
The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity. 

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NOTE:  AMT – The Association For Manufacturing Technology’s intent is to always provide timely and accurate economic reports to our community. For this reason, we are making an adjustment to the USMTO report. Due to a change in survey participants the year over year comparison number for Metal Forming and Fabricating is not an accurate reflection of the data. We have adjusted the data for the past 12 months to take this change into consideration. The new chart reflects a consistent year over year comparison of the data at the current participation level.

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U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.





USMTO August 10, 2015 pdf