U.S. MT Orders Dip, Yet Remain Strong
New U.S. orders posted in May for manufacturing technology,
at $388.3-million, fell slightly (-3%) from April but were up
121% from May of 2010.
The year-to-date total for 2011 comes to $1,984.9-million.
That’s up 108% compared to 2010.
Peter Borden, who heads the distributors’ national
group that, with AMT, compiles the surveyed numbers, comments
that the figures “confirm our members’ reports of
continued strong project levels by manufacturing companies to
improve productivity.”
The two trade associations jointly assemble the orders
statistics from participating member firms. The survey has just
been re-named the U.S. Manufacturing Technology Orders
program. It formerly was known as the USMT
“Consumption” series, dating back to when the
National Machine Tool Builders’ Assn. (now AMT) issued
monthly reports on “orders for consumption” (as
opposed to orders for inventory).
Breakdown of the May $388.3-million total is presented in the
map. On a year-to-date basis, the Northeast region is running 93%
ahead of 2010, the South is better by 57%, the Midwest is running
168% more than last year, the Central region is 107% higher, and
the West is up two-thirds.
Amer. Machine Tool Distributors’ Assn., Rockville, Md.
301-738-1200
AMT – The Assn. for Mfg. Technology, McLean, Va.
703-893-2900.