In April U.S. manufacturing technology orders totaled $410.42 million according to AMT The Association For Manufacturing Technology. This total 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,2 012 is up 10.2% compared with 2011.
"Year-to-date orders of manufacturing technology are up a solid 10% over 2011," said AMT President Doug Woods. "Manufacturing firms continue to hire, with year-over-year unemployment down from nearly 10% in 2011 to a little under 7% this year. In the first quarter, U.S. manufacturing technology exports rose consistently and factory productivity increased 5%. What remains to be seen is whether overseas instability and possible cooling of domestic investment will disrupt continued growth."