ROCKVILLE, MD – May US manufacturing technology orders were $388.27 million, up 121.3% year-over-year, and down 2.6% sequentially, says the American Machine Tool Distributors’ Association and The Association for Manufacturing Technology.
With a year-to-date total of nearly $2 billion, 2011 is up 108% compared to 2010.
“The 2,000 unit-per-month level signifies a very healthy demand still in place as we head toward the close of the second quarter,” said Peter Borden, AMTDA president.
At $64.3 million, May manufacturing technology orders in the Northeast Region were up 8.4% sequentially, and up 88.4% compared to May last year. The year-to-date total of $305.87 million is 92.4% more than the comparable figure for 2010.
May manufacturing technology orders in the Southern Region totaled $54.15 million, up 5.1% sequentially, and up 86.4% year-over-year. With a year-to-date total of $239.3 million, 2011 is up 56.9% compared to the year-ago period.
Midwest Region manufacturing technology orders in May stood at $137.62 million, up 10.9% sequentially, and up 232.6% year-over-year. At $691.81 million, the 2011 year-to-date total is 168.5% more than the comparable figure for 2010.
Manufacturing technology orders in the Central Region in May totaled $95.18 million, down 21.6% from April, but up 83.8% compared to May in 2010. The $551.71 million year-to-date total is 106.6% higher than the total for the same period in 2010.
Western Region manufacturing technology orders totaled $37.02 million in May, down 12.1% sequentially, and up 93.9% year-over-year. At $196.18 million, 2011 year-to-date is up 66.3% when compared with last year.