October U.S. manufacturing technology orders were $435.02 million, according to AMT - The Association For Manufacturing Technology. This was up 10.2% from September 2013 but down 3.2% from $449.44 million in October 2012.
The 2013 year-to-date total of $3,938.69 million puts the year down 10.6% from the first 10 months of 2012.
“October’s order growth, combined with the latest PMI reading, is added reinforcement that manufacturing is continuing on its positive trend,” said AMT President Douglas K. Woods. “We expect more good news headed into 2014, especially as domestic energy costs continue to drop and as key industry segments show solid growth, particularly automotive.”
to Daily News