January 2013 manufacturing orders drop significantly


Manufacturing technology orders dropped significantly for companies participating in the Association for Manufacturing Technology’s (AMT) United States Manufacturing Technology Orders (USMTO) program, down 26.5% to $370.62 million from December 2012, and 12.2% when compared with the total of $422.33 million in January 2012.

“The drop-off between December and January is typical for technology orders, and it’s important to keep in mind that orders were exceptionally strong at the end of 2012, outperforming much of the broader economy,” said Douglas K. Woods, AMT president. “While the manufacturing economy continues to be strong, we may see its growth undercut by fiscal uncertainty due to the impact from sequestration.”

The only region of the six regions surveyed by the AMT’s USMTO program that showed an up-tick in manufacturing technology orders was the South Central region, where January manufacturing technology orders totaled $72.44 million, 8.1% higher than December’s $67.02 million, but down 25.8% when compared with the January 2012 figure.

Read more