March Manufacturing Technology Orders Up 11.3%
May 30, 2012
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March 2012 U.S. manufacturing technology orders were $495.97 million according to AMT - The Association For Manufacturing Technology. March orders were up 11.3% from February 2012 but down 1.4% from $502.89 million in March 2011. With a year-to-date total of $1,356.70 million, 2012 is up 12.9% from the same period in 2011.

"Manufacturing is expanding with no clear signal of a downturn in sight," said Douglas K. Woods, AMT president. "Manufacturing added 34,000 jobs in March, capacity utilization is just shy of 80% and USMTO order growth confounds experts as it climbed 12% over 2011 levels. However, remaining obstacles to future manufacturing investment include a lack of access to credit, global supply issues, encroaching industry regulations and taxes, and overall political uncertainty."

Northeast Region manufacturing technology orders in March 2012 were $71.80 million, up 34.2% from February's $53.51 million but down 7.4% from March 2011. At $182.11 million, 2012 year-to-date was down 0.2% from the same period in 2011.

Southern Region manufacturing technology orders in March 2012 were $71.24 million in March, up 34.0% from $53.18 million in February 2012 and 16.1% more than March 2011. The year-to-date total of $167.11 million was 11.7% more than the comparable figure for 2011.

Midwest Region manufacturing technology orders in March 2012 were $152.39 million, down 8.4% from $166.39 million in February 2012 and down 19.8% from March 2011. The year-to-date total is $463.20 million, up 11.5% from 2011.

Central Region manufacturing technology orders in March 2012 were $149.39 million, up 13.9% from February's $131.18 million and up 17.8% from March 2011. At $410.82 million, the 2012 year-to-date total was 22.0% more than the comparable figure for 2011.

Western Region manufacturing technology orders in March 2012 were $51.15 million, up 23.3% from February 2012's $41.50 million and 8.6% higher than March 2011. The $133.46 million year-to-date total was 13.6% above the total for the same period in 2011.

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