U.S. manufacturing technology orders have best year since 1996

February 11, 2013

December U.S. manufacturing technology orders totaled $499.43 million according to AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the United States Manufacturing Technology Consumption (USMTC) program, was up 17.8 percent from November but down 9.4 percent when compared with the total of $550.99 million reported for December 2011. With a year-to-date total of $5,705.17 million, 2012 was up 4.8 percent compared with 2011.

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

"Finishing 2012 with the highest order total in 16 years certainly confirms the renaissance of U.S. manufacturing," said Douglas K. Woods, AMT president. "This also shows the resilience of the industry in the face of GDP contraction in the fourth quarter, along with fiscal and political concerns that have been overshadowing much of the general economy."

The USMTC report, jointly compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national U.S. consumption data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

U.S. manufacturing technology consumption also is reported on a regional basis for five geographic breakdowns of the United States.

Northeast Region — Northeast Region manufacturing technology orders in December stood at $74.02 million, up 10.1 percent from the November total of $67.24 million but down 25.0 percent when compared with December 2011. The $789.38 million year-end total was 9.0 percent less than the total for 2011.

Southern Region — Manufacturing technology orders in the Southern Region in December totaled $78.11 million, up 19.1 percent from November's $65.58 million but down 12.4 percent when compared with December 2011. At $835.28 million, 2012 was up 12.2 percent when compared with 2011.

Midwest Region — Midwest Region manufacturing technology orders totaled $166.19 million in December, a rise of 27.3 percent when compared with November’s $130.54 million but 9.7 percent less than the total for December 2011. The year-end total of $1,814.51 is 1.0 percent more than the comparable figure for 2011.

Central Region — November manufacturing technology orders in the Central Region totaled $109.15 million, 14.3 percent lower than October's $127.32 million and down 13.0 percent when compared with the November 2011 figure. At $1,458.43 million, the 2012 year-to-date total was 5.6 percent more than the comparable figure for 2011.

Western Region — December manufacturing technology orders in the Western Region totaled $56.06 million, up 8.6 percent from November's $51.62 million and up 6.8 percent when compared with the December 2011 total. At $679.56 million, the 2012 total was 6.9 percent more than the comparable figure for 2011.



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