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Manufacturing Technology Orders Slow In July
Sep 18, 2012
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U.S. manufacturing technology orders were $449.69 million in July 2012, according to AMT - The Association For Manufacturing Technology. July was down 2.3% from June 2012 and down 10.5% from the $502.33 million in July 2011. Year-to-date 2012 U.S. manufacturing technology orders were $3,132.23 million, up 5.4% from 2011.

"It is typical for orders to slow during July and August. That slowdown is even more pronounced in summers ahead of IMTS (the International Manufacturing Technology Show, Sept. 10-15) as manufacturers attending the show wait to take their manufacturing technology 'shopping lists' with them to Chicago," said Douglas K. Woods, AMT president. "With more than 90,000 registrants for IMTS this year, we fully expect order activity to come back strong in the months after the show."

The United States Manufacturing Technology Orders (USMTO) report provides U.S. orders data of domestic and imported machine tools and related equipment.

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