Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT, totaled $338 million in January 2024, a 31% decline from December and a 3.7% decline from January 2023.

In an upside surprise, December 2023 orders of manufacturing technology totaled $491 million, up nearly 22% from November 2023, and nearly 12% above December 2022, according to the U.S. Manufacturing Technology Orders Report published by AMT.

Despite a soft economic landing, U.S. manufacturing technology orders, per the U.S. Manufacturing Technology Orders Report published by AMT, saw a 10.3% decline to $399.8 million, contributing to a year-to-date drop of 13.3% compared to 2022.

New orders of manufacturing technology totaled $398.9 million in September 2023, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. 

New orders of manufacturing technology totaled $404.2 million in August 2023, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology.

Slide from peak continues, but orders remain above historical average.

New orders of manufacturing technology totaled $457.7 million in October 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology.

Orders were up 34.8 percent compared to February, and up 3.3 percent compared to March 2016.

While all regions reported growth, the Northeast grew by 41 percent led by the small arms and aerospace industries.

In total for the year, orders were down 5.1 percent compared to the same point in 2015.