Manufacturing Technology Orders Up 10.2% In April Jun 18, 2012

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April U.S. manufacturing technology orders totaled $410.42 million, according to AMT - The Association For Manufacturing Technology. The total was down 17.0% from March 2012 but up 2.9% up from $398.73 million in April 2011.

U.S. manufacturing technology orders year-to-date were $1,763.77 million, putting 2012 up 10.2% 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 USMTO program.

"Manufacturing firms continue to hire, with year-over-year unemployment down from nearly 10% in 2011 to a little under 7% this year," said AMT President Doug Woods. "In the first quarter, U.S. manufacturing technology exports rose consistently and factory productivity increased 5%. What remains to be seen is whether overseas instability and possible cooling of domestic investment will disrupt continued growth."

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