June U.S. manufacturing technology orders totaled $462.95 million, slipping down 0.6 percent from May and down 1.8 percent when compared with the total of $471.49 million reported for June 2011, according to the Association For Manufacturing Technology (AMT). Despite the slow down in June, the 2012 year-to-date total of $2,682.37 million is up 8.8 percent compared with 2011.
These numbers are based on the totals of actual data reported by companies participating in the United States Manufacturing Technology Orders (USMTO) program.
“Suppliers to technology builders are experiencing a backlog two to three times above normal levels, and consequently growth in manufacturing technology orders has slowed,” said Douglas K. Woods, AMT President, in a prepared statement. “A significant uptick in order activity is expected after IMTS (the International Manufacturing Technology Show). Along with monthly gains in industrial production, manufacturing payrolls also saw gains for the second consecutive month—an indicator that companies are both confident and optimistic that demand will increase.”
U.S. manufacturing technology orders are also reported on a regional basis for five geographic breakdowns of the United States.
Northeast Region manufacturing technology orders in June stood at $63.23 million, 0.3 percent less than May’s $63.40 million and down 11.0 percent when compared with June a year ago. At $377.27 million year-to-date, the 2012 total is slightly more than the $377.08 million for 2011 at the same time.
Manufacturing technology orders in the Southern Region in June totaled $87.59 million, up 11.6 percent from May’s $78.49 million and up 32.3 percent when compared with the June 2011 figure. The year-to-date total of $381.28 million is 18.1 percent more than the comparable figure for 2011.
Midwest Region manufacturing technology orders totaled $136.07 million in June, down 9.8 percent from the $150.86 million total for May and 13.6 percent less than the total for June 2011. At $869.07 million, 2012 year-to-date is up 3.3 percent when compared with 2011 at the same time.
At $136.75 million, June manufacturing technology orders in the Central Region were up 8.5 percent when compared with the $126.08 million total for May and up 9.2 percent when compared with June a year ago. With a year-to-date total of $797.52 million, 2012 is up 18.0 percent when compared with 2011 at the same time.
June manufacturing technology orders in the Western Region totaled $39.31 million, 15.8 percent less than May’s $46.71 million and off 23.7 percent when compared with the June 2011 figure. At $257.23 million, the 2012 year-to-date total was 3.8 percent more than the comparable figure for 2011.