The Latest Report from AMT and AMTDA Records an Increase of 101% for Year-to-Date Manufacturing Technology Orders Over 2010, Despite a Month-to-Month Drop
With a year-to-date total of more than $3.4 billion, U.S. manufacturing technology orders have more than doubled over 2010. August numbers fell from July, down about 9% to less than $461 million, but show an increase of more than 88% over August 2010, according to the U.S. Manufacturing Technology Orders (USMTO) report compiled by the Assn. for Manufacturing Technology (AMT) and the American Machine Tool Distributors’ Assn. (AMTDA).
“Despite news reports that wider economic growth may be stagnating, the manufacturing technology industry is sustaining its momentum,” said Douglas Woods, AMT president. “With orders still up substantially over last year, there is clearly optimism within the industry as firms are seeing future growth opportunities that merit new capital investment.”
All regions of the United States show significant year-to-date growth over 2010, but a couple took big hits in August orders compared with July. The Western region, though double where it stood year-to-date in 2010, saw manufacturing technology orders fall more than 50% from July to August this year. The Southern region, up 81% year-to-date, fell 23% month-to-month. The Northeast and Central regions both experiences growth in August—more than 30% in the Central region.
Is debris causing costly downtime and equipment failure? Learn how advanced self-cleaning guide wheel systems with solid lubrication can tackle debris, reduce wear, and keep operations...
Programmable logic controllers (PLCs) and programmable automation controllers (PACs) are the brains of the machine in many regards. They have evolved over the years.This new State...
This paper examines highly sensitive piezoelectric sensors for precise vibration measurement which is critical in semiconductor production to prevent quality and yield issues....
