New orders for manufacturing technology jumped to $430.06 million in May, closing the gap on what has been a slow year for sales.

According to AMT - The Association for Manufacturing Technology – this total represents a 13.6% increase from April and brings the year-to-date total to about $2.09 billion.

"A rise in U.S. manufacturing technology orders is welcome as we move into the summer months, which are typically soft," said Patrick W. McGibbon, AMT vice president, Industry Intelligence.

Even with the unexpected summer spike, the month's orders are still down 7.6% compared to May 2012 and the total 2013 orders down 6.9%. However, McGibbon sees hope in the coming months.

"New technologies are creating change in automotive production, while many aerospace manufacturers are making shifts within their supply chains," he said. "Contract machining is also seeing growth thanks to the cost advantages of manufacturing within the U.S. Meanwhile, foreign direct investment within the U.S. continues to increase, and all of these factors are contributing to new capital investment within manufacturing."

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.