When it comes to the U.S. manufacturing economy, they’re still trying to put lipstick on this pig

03/19/2012

Each month or two, surveys from various associations roll in and lately the spin has been the same: things are booming for manufacturers. Manufacturing is expanding, increasing and growing. That might be true if you only read the first sentence or two of these reports. So when it comes to reporting on these manufacturing surveys and analysis, it pays to read the fine print.

U.S. manufacturing technology orders finished strong for 2011 with a total of $5,508.81 million, up 66.4% compared with 2010, and 2012 is off to a strong start. That’s according to this week’s release of the report from The Association for Manufacturing Technology (AMT) and the American Machine Tool Distributors Association. January’s Manufacturing Technology orders rose 8.4% to $401.69 million, compared to January 2011’s orders that totaled $370.48....
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