April U.S. manufacturing technology orders totaled $410.42 million, according to AMT - The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 17.0% from March but up 2.9% up when compared with the total of $398.73 million reported for April 2011. With a year-to-date total of $1,763.77 million, 2012 is up 10.2% 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 USMTO program.
The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association 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. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.