Manufacturing Technology Orders Up 91.9 Percent in 2011
September U.S. manufacturing technology orders totaled $606.56 million according to AMTDA, the American Machine Tool Distributors’ Association and AMT - The Association For Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was up 22.9 percent from August and up 51.9 percent when compared with the total of $399.32 million reported for September 2010. With a year-to-date total of $4,074.00 million, 2011 is up 91.9 percent compared with 2010.
These numbers and all data in this report are based on the totals of actual data reported by companies participating in the USMTO program.
“September numbers were the second highest monthly dollar total in the last 15 years!” says Peter Borden, president of McLean, Va.-based AMTDA. “American manufacturers are still rushing to beat the end-of-year bonus depreciation deadline.”
The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations representing the production and distribution of manufacturing technology, provides regional and national U.S. orders data of domestic and imported machine tools and related equipment.
Though all regions show improvement when compared with the totals reported in September 2010, the largest gains were in the Western and Northeast regions, with 109.1 percent higher and 71.9 percent higher, respectively.