March U.S. manufacturing technology orders totaled $495.97 million, according to The Association For Manufacturing Technology (AMT). This total was up 11.3 percent from February, but down 1.4 percent when compared with the total of $502.89 million reported for March 2011. With a year-to-date total of $1,356.70 million, 2012 is up 12.9 percent 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 United States Manufacturing Technology Orders (USMTO) program.
“Manufacturing is expanding with no clear signal of a downturn in sight,” said AMT President Douglas K. Woods in a prepared statement. “Manufacturing added 34,000 jobs in March, capacity utilization is just shy of 80 percent and USMTO order growth confounds experts as it climbed 12 percent 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.”
U.S. manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of the United States.
Manufacturing technology orders in the Northeast in March totaled $71.80 million, up 34.2 percent from February’s $53.51 million, but down 7.4 percent when compared with the March 2011 figure. At $182.11 million, 2012 year-to-date was down 0.2 percent when compared with 2011 at the same time.
Southern manufacturing technology orders totaled $71.24 million in March, a 34.0 percent increase from the $53.18 million total for February and 16.1 percent more than the total for March 2011. The year-to-date total of $167.11 million was 11.7 percent more than the comparable figure for 2011.
At $152.39 million, March manufacturing technology orders in the Midwest fell 8.4 percent when compared with the $166.39 million total for February and were down 19.8 percent when compared with March a year ago. With a year-to-date total of $463.20 million, 2012 is up 11.5 percent when compared with 2011 at the same time.?
March manufacturing technology orders in the Central region totaled $149.39 million, 13.9 percent more than February’s $131.18 million and up 17.8 percent when compared with the March 2011 figure. At $410.82 million, the 2012 year-to-date total was 22 percent more than the comparable figure for 2011.
Western manufacturing technology orders in March stood at $51.15 million, 23.3 percent more than the February total of $41.50 million and 8.6 percent higher than the figure for March 2011. The $133.46 million year-to-date total was 13.6 percent above the total for the same period in 2011.