“While economic uncertainty remains a concern for both businesses and consumers, we anticipate a steady, albeit slower growth for manufacturing as we begin 2013,” said Douglas K. Woods, AMT President.
Regional Breakdown
Northeast Region: Manufacturing technology orders in the Northeast Region in November totaled $66.02 million, up 1.9% from October’s $64.81 million but down 20.8% when compared with the November 2011 figure. At $713.53 million, 2012 year-to-date was down 6.4% when compared with 2011 at the same time.
Southern Region: Southern Region manufacturing technology orders totaled $65.47 million in November, down 6.4% from the $69.98 million total for October but 22.6% higher than the total for November 2011. The year-to-date total of $760.48 million is 17.7% more than the comparable figure for 2011.
Midwest Region: At $129.36 million, November manufacturing technology orders in the Midwest Region were down 20.9% when compared with the $163.55 million total for October and down 13.7% when compared with November a year ago. With a year-to-date total of $1,664.51 million, 2012 was up 3.5% when compared with 2011 at the same time.
Central Region: November manufacturing technology orders in the Central Region totaled $109.15 million, 14.3% lower than October’s $127.32 million and down 13.0% when compared with the November 2011 figure. At $1,458.43 million, the 2012 year-to-date total was 5.6% more than the comparable figure for 2011.
Western Region: Western Region manufacturing technology orders in November stood at $51.82 million, up 7.4% from the October total of $48.23 million and 6.2% higher than the figure for November 2011. The $615.22 million year-to-date total was 6.7% above the total for the same period in 2011.
