YTD Feb Machine Tool Orders Off 11.9%



The Association for Manufacturing Technology (AMT) said February U.S. manufacturing technology orders totaled $385.9 million, up 5.7% from January, but down 10.6% when compared with the total of $431.63 million reported for February 2012. With a year-to-date total of $750.94 million, 2013 is down 11.9% compared with 2012.

“A month-to-month gain is certainly good to see, and these numbers seem to echo some of the other recent economic data, including gains in both factory orders and durable goods orders,” said AMT president Douglas K. Woods. “A year-to-date decline in orders compared to 2012 is in line with expectations we had for a slight slowdown in the first two quarters of 2013, though second-half growth is expected to offset the slump. This is in line with our economists’ predictions that orders for 2013 will stay relatively flat compared to 2012.”

U.S. manufacturing technology orders are also reported on a regional basis for six geographic breakdowns of the United States.

Northeast Region

At $53.30 million, February manufacturing technology orders in the Northeast Region were up 7.7% when compared with the $49.50 million total for January but down 4.5% when compared with February a year ago. With a year-to-date total of $102.79 million, 2013 is down 10.9% when compared with 2012 at the same time.

Southeast Region

Manufacturing technology orders in the Southeast Region in February totaled $29.43 million, down 17.9% from January’s $35.84 million and down 36.1% when compared with February 2012. At $65.27 million, 2013 year-to-date is off 10.0% when compared with the 2012 figure for the same period.

North Central-East Region

North Central-East Region manufacturing technology orders totaled $111.92 million in February, up 17.4% from the $95.37 million total for January and up 8.7% when compared with February 2012. The year-to-date total of $207.29 million is 4.2% less than the comparable figure for 2012.
North Central-West Region
At $80.22 million, February manufacturing technology orders in the North Central-West Region were up 12.7% when compared with the $71.15 million total for January but 1.9% less than the February 2012 total. The 2013 year-to-date total of $151.36 million is down 3.2% when compared with 2012 at the same time.

South Central Region

February manufacturing technology orders in the South Central Region totaled $58.50 million, 19.8% less than January’s $72.96 million and down 37.6% when compared with February 2012. At $131.46 million, the 2013 year-to-date total is 31.3% less than the comparable figure for 2012.

West Region

West Region manufacturing technology orders in February stood at $52.53 million, up 30.5% from the January total of $40.24 million and 2.7% higher than the figure for February 2012. The $92.77 million year-to-date total is off 7.6% when compared with 2012 at the same time.


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