18 July 2011

They are Sitting on their Trickle Down

USMTO News Release for May Manufacturing Technology Orders
Association for Manufacturing Technology

The United States Manufacturing Technology Orders (USMTO) report, jointly compiled by the two trade associations 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.
In any company an important number is always the year-to-date comparison of sale and orders.  That would be what we did last year on today's date versus thus year.  Usually some adjustments are made for day of the week anomalies.  They give Regional breakdowns for the US and here is ours :
Northeast region

At $64.30 million, May manufacturing technology orders in the northeast region were up 8.4% when compared with the $59.33 million total for April and up 88.4% when compared with May a year ago. The year-to-date total of $305.87 million is 92.4% more than the comparable figure for 2010.
Lots of Charts and graphs for the Wonkier Amongst Us at the link: Press release from USMTO (the American Machine Tool Distributors’ Association and AMT - The Association For Manufacturing Technology)

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